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gdlintelFX
Sep 5, 2023 6:45 PM

AUDCAD TECHNICAL ANALYSIS  Short

Australian Dollar / Canadian DollarEightcap

Description

Good day, traders.

We'll be looking at the AUDCAD. Already, there is a breakout from the channel.We will be patiently awaiting a retest of the broken trendline in the 0.8760 zone for potential bearish momentum to enter short positions. First take a profit in the 0.8699 zone, then again in the 0.8640 zone.

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Trade closed: target reached

+132 pips smashed
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