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AUDCAD reached a very important zone of confluence this week:
we see a perfect match between a key horizontal daily support and 618 retracement of the major bullish impulse.

The price formed a double bottom pattern on that and violated its neckline.

It looks like the market may go higher.
Goals: 0.9118 / 0.92

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AUDCADaustraliandollarcanadiandollarFibonacciMultiple Time Frame AnalysispriceactionpriceactionanalysispriceactionstrategypriceactiontradingSupport and Resistance

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