Hello traders,
Let’s get straight into our charts…
1. AUD/CAD
After a bearish breakout (0.91837) through an ascending channel, price on the 4 hours chart of the AUD/CAD spent almost an entire day consolidating.
In my opinion, we may most likely see the Bears continue their run to the next possible support level (0.91228) after the consolidation level is broken.
That’s all for today, stay tuned for tomorrow’s market analysis
