- AUDCAD faced the supply near the 0.88170-0.87990. -Per the supply /deemand rule need to test multiple support lines again to cross the supply zone. -If the price closed below the MSL, there is a chance to test the previous swing low. -Recommended that wait for a long near MSL and SL should be 0.87139, and TP is the supply zone. -If long scenarios do not happen, every bounce is a short opportunity for the FXOPEN:AUDCAD.
Note: All technical levels are marked in the chart.
Charts are for educational purposes only. They provide insights, but the final decisions remain at your discretion.
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