DeGRAM | AUDCAD down trend. Short

253
The instrument traded all last week in the flat range of 0.9388 - 0.9269.
It is also trading in the lower half of the descending channel.
There is no strong buyer who could redeem the instrument and show growth, so I expect the highs to squeeze to the level of 0.9269 and further downward movement to 0.9107

-------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!

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.