AUDCAD - consolidation inside a small channel

This small channel is holding very well so far and as long as we stay there, the direction is rather mixed. A clear break to the upside would be strong close and consolidation outside the main Pitchfork channel. Downside trigger is bit more complicated as the 38.2% line is very close to the channel itself, so more clues are needed on lower timeframes.

All in all, I'd say this one is worth tracking.