forexdumb

AUDCAD, will the correction end ?

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
- In monthly and weekly timeframes the main trend is bullish.
- Price corrections are taking place in monthly and weekly terms.
- The last price when the market closes, the price is at 0.618 monthly fibo.
- seen price divergence.
- The COT data report dated 23 March 2021 hedge fund closing long position and adding short position for canadian dollar
- will the correction end, and continue the impulse?

--do not use it to trade without further analysis. leave a comment if there is something I miss. thank you.--
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.