The AUDCAD keeps the negativity – Analysis – 3-8-2022
Economies.com
2022-08-03 07:05AM UTC
The AUDCAD pair ended its correctional bullish rebound recently by facing strong resistance at 0.9035, to force it to form new negative waves and record 0.8875 level, noting that the stability of the moving average 55 near the major resistance and stochastic negative momentum signals allow us to suggest more negative trades that might target 0.8820 followed by reaching the obstacle at 0.8735.
The expected trading range for today is between 0.8945 and 0.8820
The expected trend for today: Bearish
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