In the world of trading, never underestimate the power of key support and resistance levels.
These levels often become the battleground for market movements, forming a Sideway Bounce Trading setup.
On my radar for AUDCAD:
- Buying Opportunity: Watch for potential long entries at 0.8931.
- Shorting Opportunity: Keep an eye on the chance to go short at 0.8982.
This trade strategy remains active as long as the support and resistance levels hold.
Share your insights and trade plans on AUDCAD below!