AUDCAD: Bullish Signals Ahead of Fundamentals 🇦🇺🇨🇦

AUDCAD nicely respected a 4h confluence zone
based on a horizontal intraday support and 0.5 retracement of the last bullish impulse.

The price formed a double bottom formation on an hourly time frame
and broke its neckline to the upside.

We can expect a bullish continuation now.
Goals: 0.888 / 0.890

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Trade closed: target reached:

Both targets reached!