DeGRAM

DeGRAM | AUDCAD in consolidation

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD rebounded multiple times from the psychological level of 0.89000. Price is trading above it.

The market created a bullish flag pattern on the 4-hourly chart.

It is consolidating, meaning the price is coiling up before extension.

We anticipate the continuation of the current trend.


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