AUDCAD waiting to break the upward trend
Daily
H4
Weekly
What we can do?
Good Luck and all the best
- MACD shows strong sell momentum
- Retract retracement Fibo 0.286 level
- Stochastics show a downtrend
H4
- H4 chart breaks the 200 SMA support
Weekly
- Fail to break the downtrend line
- In Weekly MACD also show the long momentum is weaker than previous
What we can do?
- Just be patient and waiting for the confirmation of break the upward trendline
- Stay calm and planing a proper risk management
Good Luck and all the best
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