AUDCAD: Bearish Breakout & Bearish Continuation 🇦🇺🇨🇦

Short

Australian Dollar/Canadian Dollar (OANDA:AUDCAD)

OANDA:AUDCAD Australian Dollar/Canadian Dollar

Triangle Supply and Demand Trend Lines AUDCAD canadiandollar CAD forecast swing swingtrading swingtrader swingtrade

triangle supplyanddemand trendline audcad canadiandollar cad forecast swing swingtrading swingtrader swingtrade

snapshot

AUDCAD was forming a bearish accumulation pattern for two weeks.
Setting lower highs the price was respecting horizontal support.

This night is was finally broken.
Taking into consideration that the pair is trading in a bearish trend,
the market can go much lower.

Next support - 0.89

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