AUDCAD: Trend Line Breakout Trade

Long

Australian Dollar/Canadian Dollar (FX:AUDCAD)

Updated

FX:AUDCAD Australian Dollar/Canadian Dollar

Trend Analysis Chart Patterns Wave Analysis forecast australiandollar aussie canadiandollar AUDCAD aud Currencies

trendanalysis chartpattern waveanalysis forecast australiandollar aussie canadiandollar audcad aud currencies

snapshot

AUDCAD broke above a strong falling trend line on a daily.

On hourly the price has formed a narrow horizontal range.
Just recently its resistance was broken with a high momentum bullish candle.

Now a bullish movement is expected.

Goals:
0.986
0.9875

Trade closed: target reached:

Price hit the first goal during US session yesterday

Comment:

Check my new idea on EURGBP:

EURGBP: How to Buy Wisely?

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