UnknownUnicorn7370519

Which scenario do you think is the correct? I think it is the 1º

FX:AUDCAD   Australian Dollar/Canadian Dollar
This analysis is based on the movement that AUD/CAD has done. We can see the support-and-resistance level very clear, but if we pay attention to its trend, we can also see the formation of a triangle. By gathering all of this information with the formation of the cup-and-handle pattern, we can draw 3 scenarios, the one I find more possible is the 1º. What do you think? I'll keep you informed!

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