AUD/CAD Set to Move Down
November 17, 2021
1 min read
Dear traders,
AUD/CAD has a good rejection from the dynamic zone.
We should see the AUD/CAD down as the market is really bearish. If the market makes a break below last week’s low we will see a stronger move down. Entry zone is 0.9190 and targets are 0.9062-72. This corresponds to M L5/ Q L3 camarilla pivots. There is also a three touch trend line which accounts up for bearish momentum and trend.
The Analysis has been done with the Black Widow system.
Good trading,
Nenad Kerkez
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