AUDCAD Broke Out Reversal Structure, More Upside
Hi traders:
AUDCAD has managed to reversal impulse out of the descending channel from the bottom, good signs of further upside.
From my previous outlook, price did managed to continue higher and is now out of the descending structure.
Such a strong impulse move to the upside, naturally price will need to correct in order for another continuation up move.
If price does consolidate and formed bullish continuation correction, it will then give us another opportunity to buy to the next highs.
Thank you
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