AUDCAD has been a great market for us to trade as we saw the market bounce from the range support. We managed to get a good position at the support and the 4hr timeframe
gave us multiple positions to get on the back of the long opportunities.
The market is now sitting at a key resistance, where we could see price struggle. However if we do see a break higher, we have the opportunity to look for continuation trades to the top of the range.
gave us multiple positions to get on the back of the long opportunities.
The market is now sitting at a key resistance, where we could see price struggle. However if we do see a break higher, we have the opportunity to look for continuation trades to the top of the range.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.