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The AUDCAD ends the bullish rally – Forecast today – 21-6-2024
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The AUDCAD ends the bullish rally – Forecast today – 21-6-2024
Jun 21, 2024 2:08 AM

AUDCAD Price Analysis Expected Scenario The AUDCAD price confirmed ending the bullish attack by facing 61.8% Fibonacci correction level at 0.9173 recently, to notice the beginning of forming correctional bearish waves to settle near 0.9100. Now, stochastic attempt to provide the negative momentum will reinforce the bearish overview for the upcoming trades, expecting to crawl towards 50% Fibonacci correction level at 0.9055, while breaking it will extend losses towards 0.9025 and 0.8990. Expected Trading Range Between 0.9130 and 0.9055.

Trend Forecast: Bearish

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