Technical Analysis

Welcome back traders, as you all can see the current trend on AUDCAD is a down trend you guys already know the rule in a down trend you only sell and now we have found a selling opportunity. so we expect price to bounce back from the WEEKLY trend line.

Trendline should'nt be your only reason to enter a trade, always watch out for price action and other confluences also.

As usual TRADE SAFELY and RISK PROPERLY.

Trader Ernest.