There is potential Bullish Bat in AUDCAD completing at 0.9865. The area around 0.9860 has held multiple times as support. If the price action goes down to that level it will be a good opportunity to get long. Stop is below previous lows. Targets at 38.2 and 61.8.
Trade closed: target reached:
The Bat was invalidated due to the higher than A point move. However, I did get long because of the structure described above (support held several times). Target 1 hit for +26 pips. Stop moved to breakeven.
Trade closed: target reached:
Adjusted target 2 also hit.