AUDCAD LONG PRICE ACTION FORECAST

A rejection from the demand zone can give some bullish momentum to this pair. The price has not managed to break the current level forming a new high. We could expect the price to break above testing the previous support level (dotted blue line), and after a pullback, a long entry could be set to the pattern neck.

The order:
Type: buy-limit
S/L: 18 pips - R:R | 1:4 -
T/P: previous confluence level
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