Friday, May 10, 2024

-650 Points Reached in AUD/CAD Sell Signal
1 mins well spent

AUD/CAD Analysis : 

AUD/CAD is moving in a downtrend in H1 chart.

When comparing the strength of AUD and CAD, the CAD seems to be more stronger in downtrend.

We expect market will keep continuing it’s down trend. But, the market starts to bounce back from the major level 0.9875

trend line breakout in AUDCAD hourly chart

After the economic news release of Fed Interest rate decision, market starts to keep moving up by breaking out the downtrend levels.

SELL AUDCAD hits stop loss price in daily chart

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