AUDCAD currency pair finally managed to break through the support area near 0.9450.

As it applies downward trend, you can consider buying a PUT option (on the decline) after the correction and re-test the broken support, which is now resistance.

Pro-downward bias will be negated only after closing on the 1-hour chart above resistance and accelerated the downtrend line.

1205-AUDCAD


Test account with a broker binary options uTrader! Click here to invest

Binary options broker uTrader offers a return. If you win your account will increase by a percentage of the invested amount. If you lose, regardless of the size of the defeat, you never lose more than you bet.

Error, group does not exist! Check your syntax! (ID: 3)