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DeGRAM | AUDCAD break the consolidation

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
DeGRAM  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Support and Resistance audcadanalysis audcadidea audcadsignal
11
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trendanalysis chartpattern supportandresistance audcadanalysis audcadidea audcadsignal
AUDCAD broke out of the ascending channel and then created a consolidation.

The market is printing higher highs, indicating bulls are putting pressure on the resistance of the consolidation zone.

Price action is likely to break and close above the resistance.



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