Australian Dollar/Canadian Dollar
Short
Updated

DeGRAM | AUDCAD fibo golden zone

290
AUDCAD  created the selling opportunity at resistance at the 61.8% fibo level.

Price action is making lower lows and lower closes, indicating bear dominance.

The market is printing the bearish, engulfing candle, absorbing previous candles.

We expect a continuation of trade and a test of the support level.


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Trade closed: target reached

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