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Royal_Trades

AUDCAD - Short Opportunity - 1D Technical Analysis

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Royal_Trades  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Support and Resistance Trend Lines
5
0
trendanalysis supportandresistance trendline
The price is approaching the strong daily resistance level at 0.90910. If this level holds, we may see a reversal in the trend.

NOTE: Do not apply trades blindly. Wait for confirmation and always analyze lower timeframes.

Let me know in the comment section below if you have any questions, ideas, or thoughts...

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