AUDCAD may experience a downturn from the Bearish Order Block

Bearish Order Block:
0.92801 - 0.92616

Bullish Order Block:
0.92069 - 0.91963

The price is approaching the Bearish Order Block, and based on the current market setup, there is a likelihood that AUDCAD will decline once it reaches this area. However, if the price reverses toward the Bullish Order Block, we can expect upward momentum. Let’s monitor how the price reacts after touching the Bearish OB.

Entry Limit Price :- 0.92613
Take profit :- 0.92265
Stop Loss :- 0.92961
Multiple Time Frame Analysis

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