audcad trade idea

AUD/CAD appears to be well guided within a downward-sloping channel from June, with initial support on the lower edge, now at about 0.8675. The lower-lows-lower-highs pattern since the start of 2023 raises the scope of a retest of the end-2023 low of 0.8600.
AUDCADCADChart PatternsTechnical IndicatorsUSDCADWave Analysis

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