AUDCAD... Key zone trading is really the way to go!

For educational purposes only:

Directional bias: SELL

Price is near to a key zone in the market. Just look at how price responded to this zone in the past.

I'm keeping an open mind and anticipating one more push up to the trendline and then a bearish run.

Trading doesn't have to be stressful. Key zone trading is the way to go!

Come on 2020, let me see ya zones!

You've got this.

Happy Trading!

Trade closed manually:

With the Australian dollar strengthening... or the US dollar weakening (check of the DXY) we saw price break structure to the upside. Now on the lookout for price to continue to the next key level.

Comment:

Check out the AXY!!! Australian currency index.