AUDCAD was forming a bearish accumulation pattern for two weeks.
Setting lower highs the price was respecting horizontal support.
This night is was finally broken.
Taking into consideration that the pair is trading in a bearish trend,
the market can go much lower.
Next support - 0.89
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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.