AUD/CAD Analysis - Upside correction/trend continuation

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*** AUD/CAD - Currently holding support at 9670. I expect to see a correction to the 50% Fib level and then a trend continuation on the Daily.

Price could also re-test previous resistance at 9760 (red zone).

We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.

On this chart, red zone = potential sell, grey zone = potential buy, white zone = potential take profit target. We also use the tp zones for potential sell/buy.

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Brian Kenya Horton, BK Forex Academy
audAUDCADBeyond Technical AnalysisCADcorrectiondailyanalysisdailychartFibonacci RetracementTrend AnalysisWave Analysis

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