做多

AUDCAD H4 LONG PRICE ACTION FORECAST

This pair has been in a smooth but continue bullish trend, heading toward previous high from April 2019, it remains to show uptrend momentum. Today rally was supported by the pessimistic Core Retail Sales m/m from Canada putting a weakened Canadian dollar under additional sellers pressure.

I expect a pullback to the confluence zone from the recent resistance area, for a further uptrend momentum.

The order:
Type: buy-limit
S/L: 33 pips - R:R | 1:3 -
T/P: resistance level from previous swing high

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