Aud/Cad (Falling Wedge Reversal Pattern)
1.The Daily Chart has a falling wedge reversal pattern
2. Price failed to make a new low and is moving up right now on the hour 1 chart.
3. Price found support at a area where price has turned before in the past.
4. Price is oversold on all oscillators and the RSI.
2. Price failed to make a new low and is moving up right now on the hour 1 chart.
3. Price found support at a area where price has turned before in the past.
4. Price is oversold on all oscillators and the RSI.