AUD CAD | WILL WE TAKE LAST SUPPORT ZONE OR WILL WE SEE NEW LOWS

This pair is moving to a very strong Daily Support Zone.
AUD is very weak at the moment and the CAD relatively strong.

Two Possibilities:
We take again the support and see a move upwards again.
Or in my eyes the move with the higher probability:
We see a break and retest of the support level to enter some nice short positions with a great Risk to Reward.
audAUDCADaudcadshortSupport and ResistanceTrend Analysis

Also on:

Disclaimer