AUDCAD MONTHLY OUTLOOK GOIN DOWN ON FIFTH WAVE 0.8985
5th wave coincide with support line.
all in, this is a movement of retracement x, way passed the normal 0.618-0.786 level, and will surpass the equal leg 1.00 level as there is no immediate and significant support therefore my best bet is the 1.13 level.
all in, this is a movement of retracement x, way passed the normal 0.618-0.786 level, and will surpass the equal leg 1.00 level as there is no immediate and significant support therefore my best bet is the 1.13 level.
