AUDCAD 4 Hour Analysis
1. Price is in supply area
2. Price can retrace for sometime and then again can go up
3. Also, we can see some important Fib levels,
4. so, if crossing 0.736, a bull run but with retracement
5. else, due to supply area price can get bearish and come to 0.618 level
1. Price is in supply area
2. Price can retrace for sometime and then again can go up
3. Also, we can see some important Fib levels,
4. so, if crossing 0.736, a bull run but with retracement
5. else, due to supply area price can get bearish and come to 0.618 level