AUDCAD 4h Analysis

Short

Australian Dollar/Canadian Dollar (OANDA:AUDCAD)

Updated

OANDA:AUDCAD Australian Dollar/Canadian Dollar

Trend Analysis Supply and Demand Fibonacci

trendanalysis supplyanddemand fibonacci

Supply found at the 0.94 psychological level + 78% fibonacci retracement
LHs & LLs -> downtrend
The previous distribution phase (bigger circle) might just happen again in the smaller circle (actual phase)

Comment:

Full analysis:

AUDCAD 30m Analysis

AUDCAD 1h Analysis

AUDCAD 4h Analysis

AUDCAD Daily Analysis

AUDCAD Monthly Analysis

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