Hey Traders, AUDCAD is trading in an uptrend and now seems to be in a correction phase in which it is approaching the major trend around 0.89600 support and resistance zone. if bulls are confirmed i would set 0.91300 as a target as it's considered the next major resistance AUDCAD will be facing. i would also like to put an eye on the stock market since stocks trade in a positive correlation with the AUDCAD pair.
Trade safe, Joe.
Trade safe, Joe.
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