AUDCAD: The Reversal Signal and Sell Opportunities
2019-12-13 18:26:22
The price reached the resistance zone formed by the upper Bollinger Band and 0.91150 resistance level. The market forms a reversal candlestick pattern.
If we get a bearish candle, it will be possible to think about opening sell trades based on reversal signals from the hourly timeframes.
In spite of bullish signals from indicators, the market can move to 0.90000 support zone.