AUDCAD Weekly Idea 7.3.22
Overall downtrend
Monthly
-April Bear EC-retraced about 40%,
-June Bear EC
- RSI down needs to retest 21MA and 50
Weekly
-Last week Bear EC
-RSI testing 22
Daily -Bear EC
4hr bull EC- bounce off 22 moving up to test ma
Monthly
-April Bear EC-retraced about 40%,
-June Bear EC
- RSI down needs to retest 21MA and 50
Weekly
-Last week Bear EC
-RSI testing 22
Daily -Bear EC
4hr bull EC- bounce off 22 moving up to test ma
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