globalfxkingz

AUDCAD ASCENDING CHANNEL

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
We have an active trade position and idea open which we sent you guys however price action has changed and so has the analysis.

Price broke out of its downtrend and trend line and came back down to retest it as normal, however this time it has formed an ascending channel and price is now at the bottom, we are expecting moves up.