AUDCAD - LONG TRADE PLAN

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Market Instrument: AUDCAD
Timeframe: H4
Analysis: Technical
Structure: Support and Descending Channel
Prediction: Bullish

Price approaching a very important support level holding at 0.8986 where the price is falling and moving inside a descending channel where this can utilize the bears for a reversal to the upside after visiting this key support and by forming a reversal with a strong bullish breakout on the upper boundary of the channel formed.

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