Possible bullish trade in AUD/CAD. Nice and clear 5 impulsive waves and 3 corrective waves, according Elliot theory. In addition, we have clear bullish Gartley pattern. Fundamentals supports the idea.
Entry on market, stop loss around 0.9540, target 1.0100 or above.
Clear Cypher pattern on Daily tame frame on support zone. Australia GDP YoY is 3.10% versus USA GDP YoY at 2.80%.
Watch also price action of NZD/JPY which has highly positive correlation with AUD/USD and USD/CAD which has highly negative correlation with AUD/USD.