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AUDCAD - LONG TRADE PLAN

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Profitlio_Trading  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis AUDCAD traderchamp profitlio profitliotrading Forex forexsignals
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trendanalysis chartpattern waveanalysis audcad traderchamp profitlio profitliotrading forex forexsignals
Market Instrument: AUDCAD
Timeframe: H4
Analysis: Technical
Structure: Falling Wedge and Support
Prediction: Bullish

AUDCAD seems to be still respecting the structure where we may see a continued rally to the upside with this breakout formed on the falling wedge. The following support helped the price to go for a reversal and the recent sell-off has pulled the prices back towards where it started the bull run.
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