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Audcadanalysis

Trend continuation, short AUDCAD – the week of 30 May, 2022This pair has been bearish since April. The recent retracement has been mostly corrective in nature and now price is stalling around the 0.9100 S/R area. I am looking for the opportunity to take a short targeting the next support at 0.8920. If you like my analysis, please give it a “thumbs up” and follow me to get immediate notifications. Always use sound money and risk management and stay patient in all your trades.
Short
by Trading_Vista
AUDCAD- Analysis Hello traders, Hope you are having an amazing day and looking towards a profitable week ahead. AUDCAD analysis shared with the ETGL group is playing out perfectly, anticipating further push to the downside before we make another rally to the highs. Although we're approaching the end of the month, the market is likely to be more volatile than other days. However, the bias remains intact. Looking forward to see how this trade plays out. Good luck & happy trading. ETGL TEAM 💛
by Eleventgl
AUDCAD - Waiting for the LONGAUDCAD has been very kind to us in the past and is now setting up for another gift. The Weekly has approached a double bottom and there is a little buying activity. However, we can see from our extensions (green and purple) that a move lower is possible. Price action has smashed through the 1.272 and so we expect it to reach the 1.618 or even the 2. Keep an eye on this, we may see a bear flag or two along the way. It may be a little early but we are setting up.......
Long
by enzenator