AUDCAD: Bearish Setup Explained 🇦🇺🇨🇦

OANDA:AUDCAD   Australian Dollar/Canadian Dollar

AUDCAD is trading in a wide horizontal trading range on a daily.
Approaching its upper boundary, the price formed a descending triangle formation.
Its neckline was broken last week.

I explain a bearish movement to 0.896 level.

❤️Please, support my work with like, thank you!❤️

✅Join My Telegram Channel:

❗️YouTube Channel

💰Instagram: 💰


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.