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JoeChampion
May 27, 2023 2:03 PM

AUDCAD Potential Downsides Short

Australian Dollar/Canadian DollarFXCM

Description

Hey Traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.89400 zone, AUDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.89400 support and resistance zone, i would also keep an eye on the stock market to confirm the bias as AUDCAD does correlate positively with indices.
Trade safe, Joe.
Comments
basictradingtv
great work as always, thanks!
cyberaussiFX
Which stocks or indices you recommend to keep an eye for AudCad?
MonoCoinSignal
Impressive level of detail and accuracy.
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