DeGRAM | AUDCAD broke out of the ascending channel

743
AUDCAD is testing the support level as well as the psychological level of 0.89000 .

The market pulled back to the support level, which is the kill zone:  support + 61.8% fibo.

If price action creates a double bottom, it is going to be double confirmation. 

Price action is likely to retest the resistance level.




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