AUDCAD has formed a nice channel over the past month or so. I'm looking for a trend break to signal a bearish channel continuation.
I think there is potential for the pair to go lower than my TP down to where there was a previous weekly mode but I'm going to stick with the bottom of the channel as my target to stay on the conservative side.
I think there is potential for the pair to go lower than my TP down to where there was a previous weekly mode but I'm going to stick with the bottom of the channel as my target to stay on the conservative side.
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