AUDCAD - To continue heading down?

2019-11-23 21:17:37

PAIR IN FOCUS: AUDCAD
ACTION: SHORT
HORIZON: SHORT-TERM

Previous analysis on AUDCAD was based on bearish RSI divergence, and has reached TP 1. Price looks to retest and reject this S/R level and could continue its downward trajectory. Possible to retest slightly higher at 0.90400 range as well.

The TP level is newly added aside from my previous analysis. Expecting price to continue downwards in the near-term. Remember to manage your risk!

Feel free to discuss and comment, Cheers!

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