AUDCAD - Analysis for Potential Downward Movement
Updated
A favorable selling zone is identified around 0.88388 or any area within the sell entry range. The target is the green area, representing the demand zone on the daily chart. If this demand area is substantially breached by a robust and healthy candle with high momentum, it suggests the possibility of further downside movement.
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Kindly boost and comment on my post. If you're interested in additional details about TOP DOWN Analysis or a TOP Down perspective on this analysis, please comment and boost. Your engagement is appreciated. Thank you!
Trade closed: target reached
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