Looks like the 2 months correction on AUD/CAD is about to be done. Will be looking for short positions at the break of the flag (high risk trade) and/or will sell on the break of 1.01 level (less risky). Long term target 0.9650.
If the price bounces from the yellow trendline, we might have a short term buy, but i wont be trading the pair on the long side.