AUDCAD retested broken downtrendline
Price respects major uptrendline
Price is based on HVN at level 0.9840 which indicates that pair is in accumulation phase
MACD shows weakness in bearish momentum
RSI is in uptrend
we r waiting price to break consolidation area around level 0.9855 to open long trade
It's expected to target resistance level at 0.9990
Price respects major uptrendline
Price is based on HVN at level 0.9840 which indicates that pair is in accumulation phase
MACD shows weakness in bearish momentum
RSI is in uptrend
we r waiting price to break consolidation area around level 0.9855 to open long trade
It's expected to target resistance level at 0.9990