The AUD/CAD pair previously moved up from the 0.382 retracement (point 1) and again at the 0.5 level (2), whilst price is now at 0.618 (3), which is a decent structure level. Plus there are signs of divergence, with RSI touching oversold levels.
So, one to look out for the coming week should price action confirm ...
My take on this pair:
Valid support level at around 1.46;
Ascending trend line which hits confluence with support;
0.618 FIB (A) to (B)
RSI Oversold on the 4H
So, all in all, a possible long in the making?