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AUDCAD: Classic Bearish Reversal Explained🇦🇺🇨🇦

Singkat
Dolar Australia/Dolar Kanada (OANDA:AUDCAD)  
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OANDA:AUDCAD   Dolar Australia/Dolar Kanada
Trend Lines Multiple Time Frame Analysis Wedge swing swingtrading swingtrade swingtrader australiandollar aud CAD canadiandollar Contains image
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trendline mtfa wedgepattern swing swingtrading swingtrade swingtrader australiandollar aud cad canadiandollar containsimage
snapshot

AUDCAD reached a solid horizontal resistance last week.
The market was steadily growing within a rising wedge pattern.
After the test of structure, a bearish move initiated and the pair managed to close below the support of the wedge.

Because the pair is trading in a global bearish trend, the violation may trigger a trend-following movement.

Goals: 0.901 / 0.895

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