Good opportunity to sell AUDCAD

26 Nis 2019

AUDCAD pair will keep move down but that will not happen as I believe until the price hit the down trend line specially at 0.9540. The resistance in 0.9490 will be rejected by the price since it is moving up with high momentum based in 4h, but the general momentum in daily base is high and it is going down. Once the momentum of 4h fad and the price reach 0.9540 it will be good opportunity to sell this pair.