AUDCAD trade opportunity

Hello Traders,

Hope you all are doing good!!

Is this the time for reversal or atleast correction for AUDCAD pair??

1) Pair approached oversold zone.
2) Pair bounced back from support zone .
3) Pair bounced back from trend line forming for around a month.
4) Pair bounced back from 200MA on 1H & 50MA on 4H.

Please follow me and like if you agree or this idea helps you out in your trading plan.

Disclaimer: This is just an idea. Please do your own analysis before opening a position.

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