Buy AUD.CAD zone
I think it is just a simple supply and demand zone where you can start buying this pair. Obviously the AUD has been discounted for a while, which in a way it is increasing the order flow from Australia zone. I strongly believe that economy in Australia will get a boost in the discounted currency this year for a great year ahead.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.