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Snick3rSD
Oct 31, 2023 5:03 PM

AUDCAD - Potential long ✅ Long

Australian Dollar/Canadian DollarFXCM

Description

Hello traders!
‼️ This is my perspective on AUDCAD.

Technical analysis: As we can see here price changed the character and started to make higher highs and higher lows, so I am looking for long position. I want price to continue the retracement to fill that little imbalance lower and then price to reject from bullish order block + institutional big figure 0.87000.

Fundamental news: On Friday will be released Unemployment Rate in Canada, so pay attention to the result in order to validate the analysis.

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