AUDCAD has made a very impressive rally after dropping to 0.8070. But, now it is running into plenty of overhead resistances.
In the hourly timeframe, AUDCAD is showing weakness despite climbing up.
So, I have already placed two sells yesterday ( 0.8890 and 0.8925) with SL above the overhead resistances.
I expect AUDCAD to drop to 0.86 level soon.
In the hourly timeframe, AUDCAD is showing weakness despite climbing up.
So, I have already placed two sells yesterday ( 0.8890 and 0.8925) with SL above the overhead resistances.
I expect AUDCAD to drop to 0.86 level soon.