AUDCAD is trading in more like of descending channel pattern and recently it seems like the sellers are bit exhausted now and the pair is started to get support within the channel.
Currently the price is forming a local support around 0.86400 region and there are chances that a bullish divergence may form here.
Will the bulls take charge again continue for leg higher?
Currently the price is forming a local support around 0.86400 region and there are chances that a bullish divergence may form here.
Will the bulls take charge again continue for leg higher?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.