DeGRAM | AUDCAD trend continuation oppportunity

AUDCAD broke and closed below the psychological level at 0.9000 that became resistance.

The market is making low lows and lower closes in the descending channel, an indication of bear dominance.

Price action is likely to move down from the kill zone, psychological level, and 38.2% fibo retracement level.

We expect a trend-continuation trade.



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