RANGE BOUND MARKET

١٩ يوليو ٢٠٢١

AUDCAD is stuck within a narrow horizontal trading range.Depending on the side of a breakout of the range I see two potential scenarios.If bears violate and close below the support of the range,I will expect a bearish continuation to local structure low .If bulls break and closed above an upper boundary of the range,I will expect a bullish movement to key structures resistance..Wait for a breakout and follow the market