AUDCAD

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AUDCADAustralian Dollar/Canadian DollarFX:AUDCADTilen_FXOn the daily timeframe, AUDCAD remains in a broader bullish structure and has not yet completed its main objective, which is the liquidity grab above the previous high. Because of this, maintaining a long bias remains reasonable as long as structure continues to hold. On the 4H timeframe, structure is aligning with the higher timeframe trend, supporting potential continuation to the upside. There is a key 4H demand zone around the 0.98800 level, which further strengthens the bullish scenario if price returns there for mitigation and shows reaction. Additionally, a major swing high sits at the psychological 1.0000 level. Given the current market structure, price is still likely trading toward that liquidity, as it has not yet been taken. As long as higher timeframe bullish structure remains intact, I will continue to look for long opportunities in line with the trend. Let’s see how price develops from here.