AUD/CAD:False Breakout and price come back in the Bearish side

2. Aug. 2022

AUD/CAD presents a strong Bearish rejection today on the 0.9000 level with a false breakout, after having passed the 61.8% Fibo today price re-enters inside the bearish channel showing a Swing trading opportunity to go short and surf the main trend. The stochastic comeback from the overbought to the normal range and this can be another signal to value our general idea.

2. Aug. 2022

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