
According to the chart of M5, AUDCAD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 0.8948 is breached. Here, a hypothetical profit will equal the width of the available pattern that is -22 pips.
The M5 and M15 time frames may have more false entry points.
*L'analyse de marché présentée est de nature informative et n'est pas une incitation à effectuer une transaction