FX:AUDCAD   Australian Dollar/Canadian Dollar
0
Maybe I want to enter a bit too soon, but this median line should serve as a good launch pad for another rally. The AUD is still very strong and the CAD is in my opinion overbought, so I find this rally just as likely as in NZDCAD. I have indicated the safest SL for this setup, but you make it tighter, so you can get a better R:R. Seek to TP at those minor highs or even at the sliding parallel off the last one. My current TGT is at 1.0266.

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