AUDCAD
We just finished the last leg of a Bullish Wave. Price started to show some upwards movement on the 1HR charts and looks to be in a great demand zone. Moving to the 4HR time-frame you will notice that the price is currently in a squeeze. If price breaks out above the 0.98120 level you could see the bulls start to push price into even higher territory. The stop loss will be at the bottom of the last swing level, and you would be going for a 1 : 3.5 risk to reward.
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