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AnalysisExpert

AUDCAD looks to want to push down, 1hr

Short
Australian Dollar/Canadian Dollar (OANDA:AUDCAD)  
AnalysisExpert  
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns
1
0
trendanalysis chartpattern
AUDCAD is in a consolidating period in the 4hr timeframe and has reached a very strong resistance zone and it is probably going to touch our sopport which is a strong low at the 0.88210 zone.

We also have a up trending trend in our sideways market. AUDCAD broke the trend with a reversal pattern of a double top and retested our trend to confirm the down trend.
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