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 continue down OR reverse.
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.