AUD-CAD
The price moved in a downward trend on the H4 chart. Currently, the price is on the upper line of the trend channel, where there is also a strong area of resistance (Resistance). We assume a breakthrough through resistance and the upper line of the trend channel and a subsequent increase in price towards the next resistance area, where the target price of this trade is also located.
The price moved in a downward trend on the H4 chart. Currently, the price is on the upper line of the trend channel, where there is also a strong area of resistance (Resistance). We assume a breakthrough through resistance and the upper line of the trend channel and a subsequent increase in price towards the next resistance area, where the target price of this trade is also located.