AUDCAD Technical Analysis and Trade Idea

This video examines the #AUDCAD currency pair and observes that it is beginning to trend downwards. However, entering the market at the current level may not be the best option. Instead, we are seeking a retracement upwards towards the resistance level, which could present a potential opportunity for a short position. It's important to note that the video explains everything in detail and is not intended as financial advice.

Trade closed manually: