#AUDCAD: Bullish Breakout
Price broke out of the falling resistance trendline
The RSI indicator is also in the overbought territory
I believe we would see a bearish pullback to the resistance
Turned support which also aligns with the 61.80% Fibonacci retracement
level before a Bullish continuation.
I'm Bullish and Biased
The RSI indicator is also in the overbought territory
I believe we would see a bearish pullback to the resistance
Turned support which also aligns with the 61.80% Fibonacci retracement
level before a Bullish continuation.
I'm Bullish and Biased
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