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VladimirRibakov

AUDCAD - Looking To Sell Pullbacks In The Short Term

Short
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
VladimirRibakov  
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Support and Resistance Multiple Time Frame Analysis AUDCAD SELL Bearish Patterns bearishdivergence correction bearishconvergence supportandresistancezones
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trendanalysis supportandresistance mtfa audcad sell bearish bearishdivergence correction bearishconvergence supportandresistancezones
D1 - Continuing bearish divergence.

Currently it looks like a correction is happening.

Price still has room lower towards the key support zone.

H4 - Bearish convergence.

Until the strong resistance zone holds I expect the price to move lower further after pullbacks towards the key support zone.
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