was formed on 03.07 at 01:31:31 (UTC+0)
signal strength 3 of 5
signal strength 3 of 5
According to the chart of M30, AUDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8935/0.8942 and upper border is 0.8952/0.8942. The pattern width is measured on the chart at -17 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and AUDCAD breaches the lower border, the price could continue its move toward 0.8912.
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