AUDCAD: break of the channel before the start of growth
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So, the price movement is developing according to the first scenario I voiced yesterday. That is, the price left the descending channel, broke through its border around 0.982 and continued to grow. Now I expect the price to correct to the line, fix on it and return to the rate. It will grow to position 0.990.
Remember, there is no place for luck in trading - only strategy! Thanks for the likes and comments.
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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.