AUD/CAD has consolidated in the 0.98 area for the past 2 weeks and does not seem to want to go back down.
This could potentially very well be a bullish continuation pattern if the current support holds.
We can expect it to go up at least 100 pips as soon as it breaks upward.
As always, I would like to remember you that risk management is key in success in this business.
Happy trading!
Order cancelled
CAD News were highly unexpected and caused AUD/CAD to lose support.
Not only that, the continuation pattern wasn't in it's best shape and strong enough yet.
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