DeGRAM

DeGRAM | AUDCAD target for short from psychological level

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD is testing the psychological level at 0.89000 in the ascending channel.

The market is consolidating on the 4-hourly chart, following the bearish move.

Price is likely to move down from the kill zone since the market is consolidating.

We expect a pullback from the resistance level and the continuation of the consolidation.


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