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Pika7993

Sell with safe entry point

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Pika7993  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators Moving Average Convergence / Divergence (MACD) Relative Strength Index (RSI) AUDCAD
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trendanalysis chartpattern indicator macd relativestrengthindex audcad
We have a significant breakout bar through a key support. For a safer entry wait for a break and close below .95800 as this serves as a strong pullback point. RSI and MACD have some room to break into their oversold zones to reach tp zones.

Pullbacks may occur at tp 1 and .95200.

Read the chart for better understanding and please comment with thoughts and ideas. Thank you.
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