The 📉AUDCAD shows several indications of bearishness in intraday chart, the pair formed a rising parallel channel pattern and a cup & handle formation.
Both the trend line and neckline of the cup and handle pattern have been violented, suggesting the possibility of further declines.
The next support level to watch for is at 0.9190.
Both the trend line and neckline of the cup and handle pattern have been violented, suggesting the possibility of further declines.
The next support level to watch for is at 0.9190.
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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.