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mohsenfx
Sep 25, 2020 7:15 PM

AUDCAD: Correction! Short

Australian Dollar/Canadian DollarFXCM

Description

as you can see we have a trend breakout and RSI shows us a good divergence too.
We can see a major double top and a minor double top , price broke the minor neckline and reached the major neckline wich acts as support.
I believe we have a pullback on broken neckline and then price going down step by step , our targets are : 0.93000 , 0.91000 & 0.90000.

Comment

price probably is going to range.
Comments
markgil24
very nice chart analysis and very simple to understand,. good job brother.
mohsenfx
@markgil24 ♥️😍
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