ashddylan

AUD/CAD - Outlook

Short
ashddylan Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
5
Watch 1.03500 very carefully, resistance dates back to 2014! this could be a very strong sell indicator. I'll keep you all posted when we approach this area.
Comment:
Prime move didn't make a new high, could be the start of a down trend. Price has also failed to close above 61.8% Fib level and we're seeing a bearish candlestick on the 4hr chart.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.