Hello 🧐
This is a short technical approach analysis. I am expecting price to break resistance and head for 17.6, then come back down and test 16.6 support before more up. We have formed a nice symmetrical triangle structure over the last week, this could be bullish or bearish but I am leaning towards bullish because of the support we have gained at the bottom...
PLEASE READ THE FOLLOWING INFORMATION!
AUDCAD is coming off a strong bearish move. Currently waiting for price to reverse in the area where you see the box at, to confirm the trend will reverse from bearish into bullish. Waiting to see if the previous low point (where the orange mark is) to be rejected by not creating a lower low, lower close at that level to...
