AUDCAD Rally in Question – Bearish Move Toward 0.9690 & Lower

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AUDCAD Rally in Question – Bearish Move Toward 0.9690 & LowerAUD/CADOANDA:AUDCADKlejdiCuniAUDCAD Rally in Question – Bearish Move Toward 0.9690 & Lower Yesterday, after the US and Iran began a two-week ceasefire, AUDCAD started to rise, but overall it was not without reason. CAD has lost its correlation with oil for a long time, because even when oil was expensive, CAD was not strong. Given the old price behavior that tried to rise and created many false breakouts, it is very likely that AUDCAD will fall again from this area, as shown in the chart. More confirmation is needed, but it could fall as expected. Main targets for this decline: 0.96900 0.96250 0.95450 You may find more details in the chart. Thank you and good luck! 🍀 ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️