Triangle formation on AUD/CAD is still in game which led to another test of bottom trendline on the pair. Current week starts with bearish price gap on the chart, but bulls closed it really fast. If this move is going to last we might get another (fifth) test of the bottom triangle formation line. Probable continuation of today’s move should be retest of previous highs.
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On the another hand, we might get a bearish candle which should be considered as a sell signal if it will close under the trendline. In such case next support line is in 0.9595 area which is March low.
