Lingrid | AUDCAD retest of the RANGE zone

The price perfectly fulfills my last idea. The market is updating the swing highs and higher lows. The price broke and fixed above the range zone and it broke key level at 0.9000. The price pullback after impulse move upward to retest the support level. The market bounced off support at 0.89500. It most likely will go up toward the resistance from the support level and downward trendline. My target is the resistance at 0.90940

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

Kommentar:

The price perfectly fulfills my last idea. It bounced off the support level and went upward. AUDCAD is updating the swing highs and higher lows. The price broke and fixed above the range pattern. The price made a pullback after an impulse move upward to retest the support level and range border. It most likely will go up toward the next resistance because the price closed above the 0.90000 key support level. My target is the resistance at 0.90933