Lingrid

Lingrid | AUDCAD new extension from the SUPPORT level

Long
FX:AUDCAD   Dollar australien/Dollar canadien
The price perfectly fulfilled my last idea. AUDCAD is updating the swing highs and higher lows. The price broke and fixed above the range zone, and it formed a classic flag pattern, then made an extension upward. The price pulled back after an impulse move upward to retest the support level. The market bounced off support and channel border. It most likely will go up toward resistance because the main trend is bullish. My target is the resistance at 0.89135


Traders, if you like this idea or have your own opinion on this matter, write in the comments. I will be glad 👩‍💻

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