AUDCAD Price Forecast:
AUDCAD The AUDCAD is currently in a sell zone, with the formation of a continuation chart pattern known as a descending triangle. The descending trendline is acting as resistance, and as the price falls, Already golden crossover of 50EMA & 200EMA that's selling continuation chart pattern. It's approaching the support level of the descending triangle. Once this support level breaks down, we anticipate a move towards our target zone at 0.8660.
π Conclusion: The Descending Triangle pattern, coupled with resistance at the descending trendline, indicates a strong bearish sentiment in AUDCAD. Traders may anticipate further downside movement towards the target zone.
Stay informed and adapt your strategy as the market evolves! ππ Remember, market conditions can change rapidly. Best of luck with your trades! ππ° #AUDCAD #ForexForecast #DescendingTrianglePattern
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Stay tuned for further updates as the market evolves.
AUDCAD The AUDCAD is currently in a sell zone, with the formation of a continuation chart pattern known as a descending triangle. The descending trendline is acting as resistance, and as the price falls, Already golden crossover of 50EMA & 200EMA that's selling continuation chart pattern. It's approaching the support level of the descending triangle. Once this support level breaks down, we anticipate a move towards our target zone at 0.8660.
π Conclusion: The Descending Triangle pattern, coupled with resistance at the descending trendline, indicates a strong bearish sentiment in AUDCAD. Traders may anticipate further downside movement towards the target zone.
Stay informed and adapt your strategy as the market evolves! ππ Remember, market conditions can change rapidly. Best of luck with your trades! ππ° #AUDCAD #ForexForecast #DescendingTrianglePattern
LIKE, SHARE & FOLLOW ;;
Stay tuned for further updates as the market evolves.
Trade aktif:
Trade initiated, falling start to our targets...
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