AUDCAD is trading in down price channel
Price rejected from key level corresponding to 38.2% Fibonacci level at 0.9390
Below SMA 100
Below HVN at level 0.9540
It's expected forming bearish Elliot wave (5) to target lower edge of price channel at level 0.9150
Price rejected from key level corresponding to 38.2% Fibonacci level at 0.9390
Below SMA 100
Below HVN at level 0.9540
It's expected forming bearish Elliot wave (5) to target lower edge of price channel at level 0.9150