AUDCAD | APPROACHING TO RESISTANCE
AUDCAD has been in a downtrend from almost 20 Months.
The price has been making lower lows and lower highs.
The price has broken below multiple major supports.
The price has been trading under the falling resistance.
The price has took support from 0.8600 and on shorter time frame making higher high and higher lows.
The upside seems limited as price is approaching to falling resistance.
The bears can get active near that resistance point
Manage your levels accordingly.
The price has been making lower lows and lower highs.
The price has broken below multiple major supports.
The price has been trading under the falling resistance.
The price has took support from 0.8600 and on shorter time frame making higher high and higher lows.
The upside seems limited as price is approaching to falling resistance.
The bears can get active near that resistance point
Manage your levels accordingly.
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