AUDCAD is trading on a strong key daily level.
on 4h/1h we see a sequence of rejections and strong bearish candles.
now the price is contracting within a descending triangle formation.
the breakout of its horizontal support will be a good trigger to sell.
goals:
0.9335
0.93
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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.