AudCad is forming a classical bullish wedge on the daily time frame. Besides that its also about the bounce of the lower range. At this stage AudCad looks like a beautifull buy opportunity. When looking at other Cad pairs you can still see that the Cad is a weak currency. Judging by this setup AudCad will soon follow the other cad pairs.
Take profit: 1.0289 > 1.0331 Stop-loss: 1.0010
Trade active
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1st position started. Take a 2nd buy position when the upper range gets broken (around 1.0120
Thank you for sharing. Continue the good work.