The_Best_Trader_1991

AUD/CAD :: Movement in the upper part of the middle line .

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUD/CAD :::

The price has been moving in the lower part of the channel for some time and the middle line has been the resistance of this movement
And now the resistance has been broken, we can expect the price to move above the middle line for a while ,
And it will definitely have downward corrective movements .

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.