AUDCAD has shown great bearish momentum after a huge climb previously. After which, we managed to see a strong BEARISH retracement.
Has the bearish strength come to a stop?
No, personally, I will be eyeing 78.6% fib level where will be a minimal retracement. Definitely, if we managed to see a breakout of that level, BEARISH strength could be heading all the way to 161.8% fib level. Having said that, I am still BEARISH on this pair and has yet to see any form of BULLISH strength taking over as of now.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
Has the bearish strength come to a stop?
No, personally, I will be eyeing 78.6% fib level where will be a minimal retracement. Definitely, if we managed to see a breakout of that level, BEARISH strength could be heading all the way to 161.8% fib level. Having said that, I am still BEARISH on this pair and has yet to see any form of BULLISH strength taking over as of now.
Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.