AUDCAD Possible Short at Support Trendline Break
Price is just hovering above the support trendline.
I am looking to short this pair, as soon as it breaks the support trendline.
I will be watching for the market gap to decide when to take the trade.
Remember that gaps are often filled.
However, with a strong AUD against the USD, this pair may break the horizontal resistance zones at 1.0072 and 1.0155
I am looking to short this pair, as soon as it breaks the support trendline.
I will be watching for the market gap to decide when to take the trade.
Remember that gaps are often filled.
However, with a strong AUD against the USD, this pair may break the horizontal resistance zones at 1.0072 and 1.0155