FX:AUDCAD   Australian Dollar/Canadian Dollar
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1
It seems we might have a Head and Shoulders pattern in AUDCAD . Even though, I do not really like to trade this pattern, I suspect that this time it might even work.
Price action is bullish on bigger picture, we broke the downward trendline to the upside and re-tested it. And on top of that, the recent low @ 1.0055 area was formed above previous resistance.

Looks bullish to me.

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