VasilyTrader

AUDCAD: Pullback From Key Level

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar

AUDCAD reached a strong horizontal key level on Friday.

The underlined support matches perfectly with a completion point of a harmonic abcd pattern formation.

As an additional confirmation, the price formed a double bottom on hourly chart with a confirmed neckline breakout.

Now I expect a pullback.


Goals:
0.9775
0.9798

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