audcad analysis ( short)

AUDCAD have been bearish since 16th June of the current month , the price kept on printing new lows over the two past weeks , breaking all the major support lines , and the price breaking under 0.8892 a strong daily support and with the fact that there isn't a any fundamental factor that would reverse the current bearish trend line , so I'm expecting to continue it's bearish move all the way down the the new low at 0.8835 , the price is currently showing a great bearish momentum so we might get to the target when we get more volume at london session open , we might see some correction before , even then the price will remain bearish as long as it keeps trading under 0.8973.



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