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Francisbluepipsfx

AudCad Setup

Dollaro australiano/Dollaro canadese (FX:AUDCAD)  
Francisbluepipsfx Aggiornato   
FX:AUDCAD   Dollaro australiano/Dollaro canadese
Trend Analysis AUDCAD tradesetup trendanalysisexplained Technical Analysis priceaction priceactionanalysis
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trendanalysis audcad tradesetup trendanalysisexplained technicalanalysis priceaction priceactionanalysis
Normally, after an impulse, a correction is expected and that is what the market has just done. Currently, the price is rejecting the previous daily support as new resistance. This simply means the market is providing an opportunity for a short trade. I'll expect decline in the price of AudCad over the next few days.
Trade chiuso: obiettivo raggiunto:
Just as expected, the price reached my objective on Tuesday. If you found this analysis helpful, please leave a thumbs up and follow me for more free analysis.

Idee correlate

Francisbluepipsfx
AudUsd Possible Head and Shoulders Pattern.
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