AUDCAD 30M Analysis
The market structure shows a bullish bias with higher highs and higher lows forming.
🔹 Key Highlights:
Price is respecting demand zones, indicating strong buying interest.
Anticipating a pullback to the demand area around 0.9050 before a bullish continuation.
Targeting the resistance zone near 0.9120.
📈 Plan: Watch for confirmation at the demand zone to enter a long position.
What’s your take on this setup? Let’s discuss in the comments! 👇
#ForexTrading #AUDCAD #TradingView #TechnicalAnalysis #ForexSetup #PriceAction
🔹 Key Highlights:
Price is respecting demand zones, indicating strong buying interest.
Anticipating a pullback to the demand area around 0.9050 before a bullish continuation.
Targeting the resistance zone near 0.9120.
📈 Plan: Watch for confirmation at the demand zone to enter a long position.
What’s your take on this setup? Let’s discuss in the comments! 👇
#ForexTrading #AUDCAD #TradingView #TechnicalAnalysis #ForexSetup #PriceAction
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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.
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.