AUDCAD fall from Lower high reached +850 Points

AUD/CAD Downtrend Analysis

AUDCAD is moving in a downtrend by forming lower highs, lower lows in 4-hour time frame chart.

Now, AUD/CAD reached the lower high for 3rd time.

In the previous AUD/CAD update, Head and Shoulder Pattern has formed (click here to check)

AUD/CAD reached the top zone of the downtrend line for 3rd time. This gives the Sell Opportunity on AUD/CAD.

AUD/CAD reached the take profit successfully.

AUDCAD reach take profit1 with 85 pips

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