AUD/CAD H4 Timeframe Analysis

Hello Traders! Today I will take a look at AUD/CAD H4 timeframe.

Looking at the AUD/CAD chart we can see that, price sitting on very strong support area.

Third touch from the ascending trendline.

Looking to long this pair aggressively. Targeting about 80 pips to upside

In the another hand, if price will break this support area to downside we can short this pair at the retest of 0.892 zone.

Best Wishes!

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