AUD/CAD has consolidated in the 0.98 area for the past 2 weeks and does not seem to want to go back down.
This could potentially very well be a bullish continuation pattern if the current support holds.
We can expect it to go up at least 100 pips as soon as it breaks upward.
As always, I would like to remember you that risk management is key in success in this business.
Happy trading!
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CAD News were highly unexpected and caused AUD/CAD to lose support.
Not only that, the continuation pattern wasn't in it's best shape and strong enough yet.
We learn from mistakes. Don't let mistakes be only mistakes. See what you've done wrong and do better next time. I'm a human and improving as other humans.