Daily Analysis 24/12/2021

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 has reached the resistance level, if the price unable to break the resistance level then it will decline. Traders can trade short position here.

TRADING TIPS


Short Position

0.928

0.918

0.933