AUDCAD: Bullish Reversal Confirmed?! 🇦🇺🇨🇦
AUDCAD reached a very important zone of confluence this week:
we see a perfect match between a key horizontal daily support and 618 retracement of the major bullish impulse.
The price formed a double bottom pattern on that and violated its neckline.
It looks like the market may go higher.
Goals: 0.9118 / 0.92
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.