AUDCAD – psychological price line breached

AUDCAD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 16 days and suggests a possible target level to be around 0.8812 within the next 3 days.


Trade Now Sign Up
Try a Free Demo Account

Leave a comment