AUDCAD - Wait for bullish pullback

Price has broken Daily consolidation resistance and showing its initial interest in continuing the ongoing Montly consolidation.

Wait for price to pull back into Daily support zone (blue area) and for price action before entering the market. SL = 1 ATR below the lowest recent swing low. TP = Monthly resistance (pink area)
Candlestick AnalysisEconomic CyclesSupport and Resistance

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