UnknownUnicorn15614419

AUDCAD: breaks the support level and continues to fall

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
In February, the price began to fall at the intersection of two trends from the resistance of 0.998. At the same time, the senior upward trend that has existed since December 2019 changed to a downtrend, which continues to this day. The price has already approached one of the main support levels - 0.974. It can be expected that it will rebound from it to the resistance line at 0.965. And then it will break through the level and eventually, through the correction, it will come to support 0.936.
SL - 0.958.

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