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AUDCAD bottomed and is giving a strong buy signal.

Long
FX_IDC:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD is trading inside a Channel Down pattern since the end of January.
A similar pattern bottomed almost a year ago (July 13th) on the exact same Support (0.87400) and rebounded to the previous High (Resistance) and Fibonacci 0.5.

Trading Plan:
1. Buy on the current market price.

Targets:
1. 0.91000 (Resistance and Fibonacci 0.5).

Tips:
1. The RSI (1d) is also printing a similar pattern to July's 2022 bottom.

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