AUDCAD| The Price Broke Out of a Major Structure Near 0.8730

AUDCAD| The Price Broke Out of a Major Structure Near 0.8730

From the chart, we can see that the AUD is losing bullish momentum.

The price broke out of a major weekly structure after failing to rise further.

The first support areas I'm looking at are also our bearish targets.

Targets:
🎯 0.8590
🎯 0.8480

Thank you and Good Luck!