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LoveYouAll_21

AUDCAD going down

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
LoveYouAll_21  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Harmonic Patterns
2
0
trendanalysis chartpattern harmonicpatterns
From the current price movement Chart, it looks like the Head and Shoulders pattern is developing,
which is supported by the rejection in the resistance area and rejection in the upper band of the indicator
Bollinger Bands, therefore the price has the potential to weaken again to the harmonic support area, then
we can place an order for a sell entry when a breakout occurs.
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