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AliSignals
Feb 27, 2024 10:12 AM

AUD/CAD: Identifying Significant Zones Long

Australian Dollar/Canadian DollarFXCM

Description

Traders,

Let's delve into the key zones for AUD/CAD:

We're witnessing a formidable bullish channel, but beware, it could break, triggering stop losses, only to rise again.
Our 1-hour zone is currently active. Consider partially closing positions when it aligns with the 15-minute and 4-hour zones.
Additionally, we'll increase our volume around the lower 1-hour zone.
Stay vigilant and adapt to market movements accordingly.

Best regards,
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