the Aussie canadian made a huge swing in June. First broke a couple of supprts, then turned around and broke a couple of resistance levels.
Very often after such a 2-sided-swing we see some consolidation: Swings of lower highs anf higher lows that form some kind of triangle untile collective traders decide where its going from here.
Expecting less opportunites in this pair for the next month, hence it may be worth checking some lower timeframes and trade for cents on the dollar
Very often after such a 2-sided-swing we see some consolidation: Swings of lower highs anf higher lows that form some kind of triangle untile collective traders decide where its going from here.
Expecting less opportunites in this pair for the next month, hence it may be worth checking some lower timeframes and trade for cents on the dollar