AUDCAD waiting to break the upward trend

Daily

• MACD shows strong sell momentum
  
  
  
• Retract retracement Fibo 0.286 level
  
  
• Stochastics show a downtrend
  

H4

• H4 chart breaks the 200 SMA support
  

Weekly

• Fail to break the downtrend line
  
  
• In Weekly MACD also show the long momentum is weaker than previous
  

What we can do?

• Just be patient and waiting for the confirmation of break the upward trendline
  
• Stay calm and planing a proper risk management
  

Good Luck and all the best