AUDCAD Possiblity of Double Top

AUDCAD broke the rising trend earlier, now creating lower highs and lows. On the 1 hour timeframe, a possibility of a double top can be clearly seen which gives a good signal for bearish traders if this level holds. On the daily timeframe, AUDCAD created a little crooked double bottom pattern and now is in a pullback phase. I expect AUDCAD to test around 0.94 level before possibly continuing the bigger trend of growth.

Order avbruten:

PA has changed.