AUDCAD has been having a downwards trend, forming Lower Lows and Lower Highs. Price is currently retesting the two important trendlines and a resistance zone. At a closer look, there is also a small flag formation inside the Pink line. I would expect a Bearish Continuation.
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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.