tradpat replies to: AUDCAD

The opening price is above pivot 0.9783 indicating an uptrend.
Support Level: 0.9760, 0.9731, 0.9708.
Resistance Level: 0.9812, 0.9835, 0.9864.
The MACD histogram is above the zero level.
Parabolic SAR indicator (step 0.02, max 0.2) indicates the price is heading down.

Trading recommendations: Buy.
TP: On the resistance level: 0.9812, 0.9835, 0.9864.
SL: One level below the entry point.

Attached Image (click to enlarge)

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