Hello traders, we want to check the AUDCAD chart in the 4-hour time frame. The price is moving in a descending channel and has pulled back to the previous floor that was broken. We expect this level to play the role of a resistance level for us and the trend Keep the price down and cause the price to fall until the specified targets. Good luck.
AUDCAD sell Entry : 0.89660
Stop : 0.90625 , Target1 : 0.88590 , Target2 : 0.87730
Risk/Reward Ratio : 2
AUDCAD sell Entry : 0.89660
Stop : 0.90625 , Target1 : 0.88590 , Target2 : 0.87730
Risk/Reward Ratio : 2