Expecting AUD strength across the board for the upcoming week. Pair closed with a long wick at the bottom of the candle last week. Risk reward ratio as shown on the chart.
Trade will be considered invalid if price closes below 83.3
Possible triple bottom as shown in the chart.
Possible long entry if price bounces off the support and TP could be set around 0.751, approaching 0.76
Possible short entry if price breaks through the support and price could go all the way to 0.73
Good Luck Trading!FX:CADCHF