AUDCAD neutral

AUDCAD repeats the cycle

18 january 2022 147
Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
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According to the RSI, the AUDCAD pair reversed after the achievement of the overbought zone, as it has already been thrice for 6 months. Now the price is moving down to the preceding minimum of 0.897, and the RSI is close to oversold. Will the cycle repeat for the fourth time? 

Ivan__Titov
Ivan__Titov

Listed among the best MarketCheese authors
3rd in the segment "Indices"
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