We see here an ascending triangle. AudCad has broken through a key level of resistance and is currently re-testing. Also, we have an uptrend on the daily chart. Obviously since our previous resistance has now become support our price is now forming a new level of resistance. I suggest looking for long opportunities once it breaks our new level of resistance. Let me know what you all think about this idea and if you like it pease hit that like button for me!
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