SynapseTrading

AUD/CAD (Daily Chart) - Long-term Major Support

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
This pair is now at a long-term major support level, which goes back all the way to 2013.

This means the R/R is pretty good to take a long position, as the top of the range is around the 1.03 level.

I have already taken a small long position, and will continue to add on if the price continues to head higher.

Good luck!

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