AUD/CAD 1D // 08 July 2024 Analysis
We can see a beautiful downtrend on AUD/CAD on the daily timeframe.
The price has just approached the trendline and is in our marked area of support/resistance.
A long term good sell opportunity can be seen if price respects and rejects from the trendline as well as the marked area.
A good target would be the 0.90600 area.
Another chart with the area zoomed in will be posted for reference.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
The price has just approached the trendline and is in our marked area of support/resistance.
A long term good sell opportunity can be seen if price respects and rejects from the trendline as well as the marked area.
A good target would be the 0.90600 area.
Another chart with the area zoomed in will be posted for reference.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.