AlexanderMilev
Long

AUDCAD break out of channel

FX:AUDCAD   Australian Dollar/Canadian Dollar
20 1 0
AUDCAD             broke out of the correction channel and it's now retesting it. If the uptrend continues we could well see new higher high, but I'll settle for a safe profit target @1.03
nine days into the trade, we can see some progress and a new higher high above 1.01895. I'm in no hurry, since the carry is decent, but still, gonna move my stop up to 1.1000.
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