OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Hello Guys
As you can see price is in a down trend and went all the way down to a support zone . and then support pushed the price upward. but the price reached to a res zone and needs to break it for a confirmation on up trend. so for now we are going to wait and see if the price breaks the consolidation zone or not. and if the price go down until the support zone we can think on a long setup based on the market condition.
Trade closed: target reached: 50 pips Up