AUDCAD was steadily growing within a rising channel after it set a new lower low around 0.88 level.
The price reached a key horizontal resistance on Friday.
After the test of the underlined blue zone, the market dropped and violated a support line of the channel.
I expect a bearish continuation now.
Goals: 0.8837 / 0.88
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✅My Telegram Channel: t.me/VasilyTrading
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.