AUDCAD is setting up for a pullback. if price reaches the marked area and confirms, then longs could be closed and positions could be switched to shorts for a possible bearish continuation. If it does not confirm, then long positions could remain open.
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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.