AUDCAD Approaching Weekly + Monthly Area of Interest for Shorts
Audcad has rallied hard off the March lows.
Currently heading into a very nice area of interest for shorts
including the well respected dynamic support/resistance
coming from both the weekly + monthly 200 SMA.
What's more is since coming off the March lows the pair has
seen no meaningful pullback yet.
Making the probability we'll see some reaction/hesitation
at these big weekly + monthly levels even better.
Currently heading into a very nice area of interest for shorts
including the well respected dynamic support/resistance
coming from both the weekly + monthly 200 SMA.
What's more is since coming off the March lows the pair has
seen no meaningful pullback yet.
Making the probability we'll see some reaction/hesitation
at these big weekly + monthly levels even better.