AUDCAD
Hi dear traders .
from monthly point of view a retracement after a big bullish impulsive move is expected since the price has just met a strong supply zone .
here on daily the price will probably fake buyers ,everything is possible ,but if the price manage to break below the daily structure we can expect a nice short .
we should monitor the price action first .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
from monthly point of view a retracement after a big bullish impulsive move is expected since the price has just met a strong supply zone .
here on daily the price will probably fake buyers ,everything is possible ,but if the price manage to break below the daily structure we can expect a nice short .
we should monitor the price action first .
Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .
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