Daily Analysis 22/12/2021

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY AUD/CAD

Support & Resistance: R1: 0.929
From the daily chart, the price is reaching the long term resistance level. Traders can trade short position when the downtrend continues.

 

TRADING TIPS


Short Position

0.928

0.918

0.938