AUDCAD D1 Possible Trend Reversal

The AUDCAD has reached a major resistance level. If trend is rejected here this will be a great setup for a sell. The Stochastic Oscillator and the RSI(14) are on the over bought zone. Both indicators and the Parabolic Sar on H1 are already confirming a downward movement.

Open: 1.01624

TP1: 1.00327
TP2: 0.99020
TP3: 098097

Stop loss: 1.02746

Trade stängt: målet nått:

All targets reached.