AUDCAD was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.8900
What you guys think of this idea?
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.8900
What you guys think of this idea?
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