AUDCAD - H4

In the AUDCAD currency pair, the price can act based on 2 resistance lines. To express the probabilities, we must see how the price behaves with the resistance line. In the first case, the price can rise to the red resistance, but fails to break and cross this line. In this case, we expect the price to fall to 0.9241. But in the second case, if the price crosses the red resistance line, it can climb to the next resistance line marked in orange and touch the price of 0.9525.



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