AUD CAD | WILL WE TAKE LAST SUPPORT ZONE OR WILL WE SEE NEW LOWS
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This pair is moving to a very strong Daily Support Zone. AUD is very weak at the moment and the CAD relatively strong.
Two Possibilities: We take again the support and see a move upwards again. Or in my eyes the move with the higher probability: We see a break and retest of the support level to enter some nice short positions with a great Risk to Reward.