AUDCAD bounces from triangle support.

FX:AUDCAD   Australian Dollar/Canadian Dollar
18 0 0
Pair bounces from strong support . Bullish engulfing candle.I am expecting move up to 61.8 and 200 DMA. There is no need to risk much below trendline . Trade looks solid, considering:
1) RBA didn't cut rates today.
2) Canadian economy looks weak.