AUDCAD is trending bullish on the 1-hour timeframe, moving steadily within an ascending channel. No significant bearish divergence is observed, indicating potential for further upward momentum. A buy opportunity may emerge at the 0.618 Fibonacci retracement level.
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Disclaimer
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.