On the daily, AUDCAD has created a head and shoulder which is clearer to see on the 4hr. It has also rejected yesterday's high as well as 0.94000 institutional level, indicating a bearish environment. From a 4hr perspective, the 0.62 fibonacci retracement lies perfectly in line with the price I believe it will reverse from (0.93879).
Trade active:
0.93879 TO THE ABSOLUTE TEE!!!
Your'e Welcome.
Your'e Welcome.