AUDCAD - Looking To Sell Pullbacks In The Short Term Short

AUD/CADOANDA

Description

⋅ Dec 20, 2022 9:34 AM

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.

Comments

felpsvieira

⋅ Dec 20, 2022 12:45 PM

I'm long with ea and with several orders, I need it to reach 91300 before falling further, what do you think?

VladimirRibakov

⋅ Dec 20, 2022 5:32 PM

@felpsvieira, thanks for sharing your view. In the short term I am bearish on this one and then I expect the price to move higher further in the long term.