Lets do some counter trending. AUDCAD is entirely Bearish. But the Daily and 4hrs technical View indicates that we are in the oversold zone. We therefore ride with the Daily view till we reach our 1st TP (38 Fib level of our daily level) of our latest leg. TP 2(50 fIB lEVEL @ 0.96190)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.