DeGRAM

DeGRAM | AUDCAD created AB=CD move

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD rebounded from the resistance and 127.2% fibo extension levels.

Price created an equal measured move, or AB=CD pattern.

On the D chart, the market pulled back from the 61.8% fibo golden zone and 0.89500 resistance.

We expect the price to retest at least 32.8% of the fibo retracement level.


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