AUDCAD as Bearish Setup
The market has been running in a range zone for a long time The market has been moving sideways within a range for a long time. There have been a few false breakouts, but overall the market has stayed within its range. Breakouts can be seen. Now the price is at a resistance level where rejection of the market is confirmed by the closing of the market at the same level. Target is mentioned as the next support area.
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