AUDCAD Long
Long on support - down 15% from the highs with a nice bottoming pattern developing.
4 tests on the support-line with no clear event risk in the coming weeks.
The path of least resistance is back to the top of the range with an opportunity to break through long-term downward slope resistance.
Sell half at 46pips and place the stop at break even.
4 tests on the support-line with no clear event risk in the coming weeks.
The path of least resistance is back to the top of the range with an opportunity to break through long-term downward slope resistance.
Sell half at 46pips and place the stop at break even.
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