AUDCAD retraced to a confluence zone:
The underlined blue area is based on a major falling trend line,
a horizontal structure resistance and
618 / 50 retracements of the last two bearish impulses.
From that zone, I will expect a bearish move to:
0.903
0.899
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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.