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AUD/CAD Potential Upward Movement

AUD/CAD Long-Term Trend: Bullish

Key Resistance Levels: 0.90501, 0.90962, 0.91532

Key Support Levels: 0.89578, 0.89049, 0.88542

Daily Chart:

The price on the higher time frame has recently been in an uptrend. It bounced back after testing a support level of 0.88542 The pair has continued to break a few resistance levels which suggests further trend continuation.

AUD/CAD Medium-Term Trend: Bullish

1-Hour Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a key level of 0.89125 and has sustained above that. As of now the pair has broken and retested a minor level of 0.89578 before continuing the momentum.

Signal Idea:

Buy Market Order @ 0.89985

TP @ 0.90435

Stop Loss @ 0.89553

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.

One comment

  1. Thank you so much sir iam new I have only 300$ account your free signal is very helpful for us iam from India and definitely it is a great help at this moment thank you once again

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