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AUDCAD is in an upward trend channel. Price has pulled back into a support zone after a strong move up. This area may act as support again. If buyers step in, price could continue higher, so the chart suggests looking for buy trades (longs).
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AUDCAD is in an upward trend channel. Price has pulled back into a support zone after a strong move up. This area may act as support again. If buyers step in, price could continue higher, so the chart suggests looking for buy trades (longs).
Don’t forget to like and share your thoughts in the comments! ❤️
Note
AUDCAD is holding above support and moving sideways. A bullish breakout from this zone could push price higher.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.