AUDCAD: Short From Key Level 🇦🇺🇨🇦

5 ביוני 2023

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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