The Australian Canadian: is trading below a downtrend and inside a descending channel, rebounding from its upper leg, which formed an important resistance, and fell, adopting the MACD indicator as its negative sign, which supports the downside during the daily trading and up to the coming days while maintaining a suitable stop loss above the previous high and the first target is the last bottom. Positions can be improved with additional contracts and better prices in the case of price correction within the descending channel.
