This is AUDCAD analysis. It’s possible that before taking the EQ Highs, the market might first come into the H1 Fair Value Gap, which is in the discount zone. After that, it may move up to take the EQ Highs and then drop down to take the previous week's low.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.