I put a lot of thought into this idea on AUDCAD and we have a lot of confluences. For one the weekly and daily timeframe is bullish. The 4hr on the other hand just turned bearish after that last candle close. In order for it to continue the bullish trend that we have overall, price will need to create a new higher low. Once that happens I believe price can then break the high of 0.91500 that it has been respecting for about 4 weeks now. I then see price coming back and using that same zone as support to then keep finding new highs.
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