UnknownUnicorn15614419

AUDCAD: How long will the price go after the trend breaks out?

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
At the end of February, the price changed the main uptrend, which had lasted since 2019, starting to fall from the 0.998 point. During the fall, it approached the support level of 0.948 and its strength was driven by the fact that during a new rise, the price could break the downtrend at 0.956. After that, the price stopped at the resistance level of 0.962 and now we can expect it to fall and return to the support of 0.948.
SL - 0.967.

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