Audcad is in a descending channel in weekly chart and jumped from the bottom, coming from 1.618 with a long bullish wick. Thus we can say it has potential to go up. We have two way to enter as shown
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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.