AUD/CAD: APPROACHING A POTENTIAL REVERSAL ZONE

AUDCAD is currently in a symmetrical triangle, if the price breaks out to the upside, we are looking to short once it gets to the reversal zone, there we have a 618 fibonacci retracement plus a 1.272 extension in confluence with a very nice Supply/Demand Structure Point.

Remember: Eyes on your mind not on your trade

CORTES TEAM
61.8618 Fibonacci RetracementextensionfibextensionsFibonacciFibonacci Retracementmajorstructurestructurestructure-tradestructuretradeSupply and DemandSupply ZoneSupport and ResistanceSupport and Resistance

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