Friday, April 12, 2024

+750 Points Reached in AUDCAD Buy signal after rebounding from the lower low area of the descending channel
1 mins well spent

AUDCAD Analysis

AUDCAD is rebounding from the lower low area of the descending channel in the weekly timeframe chart.

AUDCAD rebounding from the low
AUDCAD rebounding from the low

In the smaller timeframe 1-hour chart, AUDCAD is rebounding from the old resistance which acting now as a new support area.

After the confirmation of the Upward movement, the AUDCAD Buy signal was given.

AUDCAD buy signal reached the take profit target.


Don’t trade all the time, trade forex only at the confirmed trade setups.

Get more confirmed trade setups here: forexgdp.com/buy/

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