AUDCAD - Breakdown incoming
Price has been stuck in range for the past week and is likely to break lower soon.
Aussie is bearish across multiple pairs, and I think taking any pair should do well.
I would like to see a break of the range and some consolidation before impulsive move lower.
If price snaps back into range, then close it, as a retest of the high is possible.
Good luck!
Aussie is bearish across multiple pairs, and I think taking any pair should do well.
I would like to see a break of the range and some consolidation before impulsive move lower.
If price snaps back into range, then close it, as a retest of the high is possible.
Good luck!