AUDCAD - 240 - A bit more upside, before another ride down?

2019-11-21 17:04:27

Trade idea.

AUDCAD might still have enough steam to move higher, but there is an obstacle on the way, which is the short-term downside resistance line. In order to consider a further move higher, that downside line needs to be broken first.

Please see the chart for details.

Don't forget your stop-loss.