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Voxtrot

FIBO + Structure = Buy?

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Voxtrot  
FX:AUDCAD   Australian Dollar/Canadian Dollar
3
1
The AUD/CAD pair previously moved up from the 0.382 retracement (point 1) and again at the 0.5 level (2), whilst price is now at 0.618 (3), which is a decent structure level. Plus there are signs of divergence, with RSI touching oversold levels.

So, one to look out for the coming week should price action confirm the set up.
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