AUDCAD Reaches 2nd Decision Point (4hr)

Australian Dollar/Canadian Dollar (FOREXCOM:AUDCAD)

Updated

FOREXCOM:AUDCAD Australian Dollar/Canadian Dollar

Trend Analysis Chart Patterns Technical Indicators gmma guppy

trendanalysis chartpattern indicator gmma guppy

AUDCAD could potentially break resistance and climb back up to .97500 area, or continue down to .95550 area. The HMARB is all green, so we could be prepared to see a break in the bearish trend. I will update as this trade plays out.

Trade active:

Strong 4hr candle breaking resistance.

snapshot

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