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alexkyp

AUDCAD potential SELL

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
alexkyp  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
The crosspair has reached critical resistance are and is currently forming an M on the 4hr timeframe.
There is multiple reversal points near that area and USDCAD is trading near the 0.38 % fib level and also a previous reversal area for the pair!
There is upcoming news on AUD tonight that may affect our analysis !
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