DeGRAM

DeGRAM | AUDCAD trend continuation oppportunity

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD is moving in the descending channel. Price created the confluence zone and fibo psychological levels.

The market made a consolidation zone and broke through it, making it lower low/lower close.

It broke and closed below 0.87000, and it's pulling back again, which will act as a strong resistance level.



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