aud/cad
The chart trend on the daily timeframe is bullish. Considering the weekly candlestick pattern, which forms a doji, there is a clear struggle between buyers and sellers. However, since the overall trend is upward, a buy position can be initiated on the 1-hour timeframe around the 0.91138 level, with proper stop-loss management.
This analysis is brought to you by the FXonbit Traders Team
This analysis is brought to you by the FXonbit Traders Team
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