APosner

$AUDCAD bounce in descending triangle

FX:AUDCAD   Australian Dollar/Canadian Dollar
AUD/CAD             continues to fall in a bullish descending triangle that will ultimately result in a sharp move to the upside for AUD/CAD             . Within this triangle price is now moving against the trend toward the .97 support/resistance level where price should reverse and head lower. Look for resistance to hold and for the TSI to reverse below its signal lines.
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