AUDCAD bulls vs bears

27 ott 2021

This is an interesting situation. The bulls are doing everything to push the price higher, but we can see a strong resistance. The bears are also active and we see a fight for the price. So we should follow the movment of this pair and react to the situation. We can see a strong resistance with black line. The price is under the SMA 200 on D1 and W1 chart. The price is over the kumo and the lagging span is over the price. This is a fight.