DeGRAM

DeGRAM | AUDCAD target for long

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD is currently trading in an ascending channel.

The market pulled back to the support level, which is the confluence zone .

Notice, price action approached the level by printing small candles with deceleration, indicating that there's no strength. 

Price action is likely to pullback to the support level and go up if price makes a false break.



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