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DeGRAM | AUDCAD trend continuation oppportunity

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
DeGRAM  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Support and Resistance audcadanalysis audcadsignal
22
7
trendanalysis chartpattern supportandresistance audcadanalysis audcadsignal
AUDCAD broke and closed below the support level that became resistance.

The market is making low lows and lower closes in the descending channel.

Price action is likely to move down from the kill zone at 0.87000 resistance.

We expect a trend continuation trade.



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