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AUDCAD: Very Bullish Setup ๐Ÿ‡ฆ๐Ÿ‡บ๐Ÿ‡จ๐Ÿ‡ฆ

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AUDCAD reached a key weekly structure resistance at the beginning of April.
Then the pair formed a head and shoulders pattern on a daily time frame.
Friday's candle closed below its horizontal neckline.

It looks like the pair will keep falling.
Next support - 0.919

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some lag on trading view

here is a full picture of this trading idea
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Check my new idea on GBPNZD:
GBPNZD: Time to Fall ๐Ÿ‡ฌ๐Ÿ‡ง๐Ÿ‡ณ๐Ÿ‡ฟ
AUDCADaustraliandollarCADcanadiandollarForexHead and ShouldersMultiple Time Frame AnalysisSupport and ResistanceTechnical Analysistrading
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