The currency pair AUDCAD on 1-hour chart has been trapped between resistance trend line which is conducted from the top of 18th April, and support set by the uptrend line started on 13th April 2016.

Breaking any of these levels may result in movement in the direction of breaking. It is worth watching this pair and if there is a confirmed breakout, consider purchasing options to increase prices (CALL) or the decrease (PUT).


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