AUDCAD has broken a resistance level that has now become support, suggesting a potential upward movement towards the targets displayed on the chart. Additionally, it has reached the support line of a bullish trend channel, providing further confirmation for the continuation of the upward trend.
Please note that this is merely a trading idea and not a signal. It could either succeed or fail, so I encourage you to conduct your own research and analysis before making any trading decisions.
Trade closed: target reached