AUDCAD: Important Bullish Breakout

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The AUDCAD is currently in a robust uptrend on a daily basis. For the past few weeks, the pair has been trading within a sideways range on a 4-hour chart.

Following the yesterday's US fundamentals, the price broke above the range's resistance, showcasing the dominance of buyers and suggesting a likely continuation of the bullish momentum.

The next level of resistance to watch is at 0.9203.a highly probable bullish continuation.

Next resistance - 0.9203

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