QuileHills

AUDCAD Potential Buy Signal

Long
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
7
AUDCAD formed a 4H doji after retracing a bit of it's bullish run. If it consolidates tightly in this area for the remainder of the current 4H candle then the 8H candle will also form a good bullish doji.

I'll be watching the pair after rollover to possibly find a good long entry once spreads settle back down to their normal size.

I'll likely target 1.024-1.026, a retest of the recent peak.

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