FX:AUDCAD   Australian Dollar/Canadian Dollar
177 9 11
UPDATE:
DO NOT BE TOO GREEDY IN YOUR TP. THIS TRADE IS FACING SOME SERIOUS SUPPORT @ 0.9600.

SIMILAR TO AUDUSD             . REACHING KEY RESISTANCE.
WHAT WILL HAPPEN?
KEEP A LOOKOUT. BREAK ABOVE IS LESS LIKELY IMO             .
CAD weakness has pushed this pair out of its tranding range, causing a breakout that has no reliable support behind it. Im calling this breakout a bluff. But who knows?
My long entry is still @ 0.9600 where my support line is at.
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PriceActionTrading PriceActionTrading
H4
snapshot
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On its way. But beware 0.9600 potential bounce.
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Appreciate a thumbs up and comments if you have benefited from my ideas. It helps.
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Nice clean analysis bro, that pin bar / doji rejection at resistance looks tempting but as you stated AUD pairs are on the path to upside breakouts so I agree with sitting on the sidelines lol
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Yes. could be upside could be downside. Not sure which to take until a solid D1 close. thanks bro!
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PriceActionTrading PriceActionTrading
Tempting indeed. Stay out and observe is the best option right now.
snapshot
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I believe AUD pairs are on the upside breakout.
AUDUSD and AUDJPY has broke upside.
Would be looking for buy.

NZD pairs has also rose quite significantly breaking resistance trendlines.
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Observe this pair for now. Possible rejection off resistance trendline. Or possible breakout. Either way, observe it.
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