AUDCAD | IS GOING DOWN TO 0.87500 PRICE LEVEL OVER 150+ PIPS

Hello,

I believe AUDCAD will be going down, its currently one of the weakest currencies and it has been for the past year.

It broke the recent trendline towards the upwards direction, had a retest and now falling to the monthly support zone which is around 0.87500 price level

It also is bouncing back our moving averages, and there is a lot of bearish candles & pinbars confirming the sellers are in the market.

Stops should be above previous high.


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