AUDCAD LONG PRICE ACTION FORECAST

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The price action has found support from the ascending trendline, leading to an uptrend bias. Now, expecting a retest before bullish continuation is feasible to place a long entry at the confluence zone. The ascending trendline meets the supply zone and encounters the Fibonacci level 6.18 for the entry-level.

The order:
Type: buy-limit
S/L: 22 pips - R:R | 1:2.5 -
T/P: previous resistance level
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