AUD/CAD Daily Structure
I'm expecting price to hit the 5th touch in the outer daily structure, around 0.91500 look for short positions to head lower to reach the 6th touch and complete the descending channel pattern.
We could see price rejecting at 0.88340 due to price reaching the start of the lower time-frame structure (ascending channel), so keep a look out when price is around that area.
Have a good weekend!
We could see price rejecting at 0.88340 due to price reaching the start of the lower time-frame structure (ascending channel), so keep a look out when price is around that area.
Have a good weekend!
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