ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor AUD/CAD Long-Term Trend: Bearish
Key Resistance Levels: 0.99327, 0.99522, 0.99575
Key Support Levels: 0.98751, 0.98560, 0.98108
Daily Chart:
The price on the higher time frame has recently tested a strong resistance area and reacted strongly. The pair has shown bearish reaction from the marked supply zone which suggests a downtrend momentum.
AUD/CAD Medium-Term Trend: Bearish
15-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It has shown pullback to the marked resistance area at 0.99522. As of now the pair has reacted and broken the minor bullish structure before continuing the momentum.
Signal Idea:
Sell Limit Order @ 0.99150
TP @ 0.98776
Stop Loss @ 0.99524
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
Read full disclaimer at: https://forexrobotnation.com/disclaimer/
