AUDCAD at Key Resistance – Will Sellers Step In?

20 Şub

AUDCAD has reached a significant resistance zone, highlighted by previous price rejections and strong selling pressure. This area has historically acted as a supply zone, increasing the likelihood of a pullback if sellers step in.

The current market structure suggests that if the price confirms a rejection from this resistance, we could see a move lower toward the 0.90200 level, a logical target based on past price behavior and current market structure.

Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!

20 Şub

İşlem aktif

25 Şub

Not

I am thinking of setting break even.

27 Şub

Not

It started to show some signs of strength eventually

27 Şub

İşlem kapandı: hedefe ulaştı