Long in AUDCAD

٢٦ ديسمبر ٢٠٢٣

I am currently analyzing the AUD/CAD pair on a candlestick chart, where a bullish harmonic pattern has formed. This pattern indicates the potential for an upward price movement. Considering this scenario, I will be closely monitoring for any confirmation signals to consider a long entry in this currency pair. Additionally, I will be assessing key support and resistance levels, as well as monitoring any relevant fundamental factors that could impact the pair's movement. By combining technical and fundamental analysis, I aim to make informed trading decisions and capitalize on potential opportunities in the market.