AudCad h4 is in downtrend, price approached resistant indicated as green zone and tested with the trendline but it was unable to closed both above resistant.
Next support on this pair is 0.9500
If there is bearish flag pattern is formed, look for sell opportunity near sell AOV.
Stochastic at 72.85
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority
Next support on this pair is 0.9500
If there is bearish flag pattern is formed, look for sell opportunity near sell AOV.
Stochastic at 72.85
Remarks from author
1)This analysis does not represent long or short trade immediately, it is solely on the author analysis
2)Trade at your own risk with proper lot sizing and follow your own trading plan
3)Risk management is always be the top priority