Hello, my dear friends and the fellow community members,
The AUDCAD buy trade is still hovering around the buy price. The stoploss is intact. It shows that traders are hesitant to sell the pair at current levels. I still expect the pair to bounce once before dipping lower than 0.9750. Here is the run of AUDCAD today on 4H chart. The Monetary Policy Meeting Minutes on Tuesday may decide the fate of the pair now.
Happy trading to all.
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