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DeGRAM | AUDCAD false break at the resistance

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
DeGRAM  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Support and Resistance Chart Patterns audcadidea audcadanalysis audcadforecast audcadprediction audcadsignal
6
3
trendanalysis supportandresistance chartpattern audcadidea audcadanalysis audcadforecast audcadprediction audcadsignal
AUDCAD made a false break of the resistance level at 0.8950.

Since the market is in a bearish trend on the daily timeframe, we look for selling opportunities.

Price action is going to either consolidate or retest the support level.













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