AUDCAD is testing the support level of 0.90500 .
The market pulled back to the support level, which is the kill zone: support + 61.8% fibo level.
If price action creates a double bottom, it is going to be double confirmation.
Price action is likely to retest the resistance level.
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The market pulled back to the support level, which is the kill zone: support + 61.8% fibo level.
If price action creates a double bottom, it is going to be double confirmation.
Price action is likely to retest the resistance level.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
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