Australian Dollar vs Canadian Dollar D1 Live Forex Chart
AUDCAD,D1 Chart By taherJalili
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taherJalili
Jul 13, 2020 at 16:19
Breakout With Little Follow Through
Whilst price did roll out higher, there was very minimal follow through and no explosion that may have been expected.
The resistance level that price has just broken through will be an interesting watch this week. With such a little breakout it will be key to see if this level holds as a new support or if price just folds up and rolls back into the box area.
Whilst price did roll out higher, there was very minimal follow through and no explosion that may have been expected.
The resistance level that price has just broken through will be an interesting watch this week. With such a little breakout it will be key to see if this level holds as a new support or if price just folds up and rolls back into the box area.
