Royal_Trades

AUDCAD Short Opportunity - 1D Technical Analysis

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
The price retested the long-term resistance level at 0.90410 several times. If the resistance holds again, we may see a reversal in the trend and a retest of the support level at 0.89118, or even the support level at 0.88045.

NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes.

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