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AUDCAD: Classic Bearish Reversal Explained๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ฆ

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OANDA:AUDCAD   ํ˜ธ์ฃผ ๋‹ฌ๋Ÿฌ / ์บ๋‚˜๋‹ค ๋‹ฌ๋Ÿฌ

AUDCAD reached a solid horizontal resistance last week.
The market was steadily growing within a rising wedge pattern.
After the test of structure, a bearish move initiated and the pair managed to close below the support of the wedge.

Because the pair is trading in a global bearish trend, the violation may trigger a trend-following movement.

Goals: 0.901 / 0.895

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