AUDCAD: Trend Line Breakout Trade

Feb 16, 2021

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

Feb 17, 2021

Trade closed: target reached

Price hit the first goal during US session yesterday

Feb 17, 2021

Note

Check my new idea on EURGBP: