AUDCAD dropped to an important confluence zone last week.
The underlined yellow area is based on the intersection between 618 retracement of the last bullish impulse
and a horizontal intraday demand zone.
The market formed a doji candle on that and was nicely rejected.
On an hourly time frame, I spotted a confirmed breakout of a resistance line of a falling wedge pattern.
I believe that the pair may bounce soon.
Targets: 0.876 / 0.878
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✅My Telegram Channel: t.me/VasilyTrading
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✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
❗️YouTube Channel: youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ Get 100% Deposit Bonus: bit.ly/bestforexgoldbroker
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.