AUDCAD Forex Signal By Trading Twist
SELL LIMIT ORDER: 0.9042
SL at 0.9075
TP at 0.8975
AUD/CAD printed a lower low yesterday, breaking the bullish structure. Prices followed with a lower high and bearish momentum to print a corrective structure. There is room for downside price action towards 0.8975, where a confluence of Fibo levels – 61.8% retracement and 161.8% extension levels. The recent RBA meeting weighed on AUD. I plan to fade the dip toward the mentioned level later.
