AUDCAD H4 | Rising into resistance?
AUDCAD is rising towards a key resistance and could stall around this level before potentially reversing to drop lower.
Price could hit the sell entry at 0.87995 which is an overlap resistance within the bearish Ichimoku cloud.
Take profit is at 0.87184 which is a swing-low that aligns with the 61.8% Fibonacci projection level.
Stop loss is at 0.88674 which is an overlap resistance that aligns above the -27.2% Fibonacci expansion level. #OPINIONLEADER#
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