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JD_TeenTrader

Selling AUDCAD against a strong resistance

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
JD_TeenTrader  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Technical Indicators Chart Patterns Trend Analysis AUDCAD sellaudcad aussiedollarshort resistance_level
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indicator chartpattern trendanalysis audcad sellaudcad aussiedollarshort resistance_level
AUDCAD is down on a daily chart.

It has strong resistance at 0.8740 to 0.8770.

There is H1 divergence.

Found a small pattern to sell on M5.

Stop above the resistance. Target is to 0.8625
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