Will AUDCAD Go Up?

3 июл. 2020 г.

AUDCAD is forming an ascending triangle within a larger timeframe bullish rectangle, indicating a possibility of a bullish move. Also, there is a supportive trendline driving price into the resistance zone. However, since price is still within a rectangle, bulls should wait for a break and retest of the resistance zone before going long as AUDCAD could head downwards to the rectangle support zone.

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