Hello Traders,
This is our forecast for AUDCAD . As mentioned before, we believe the Aussie dollar will have strong upside across most Aussie pairs. On the AUDCAD , we can identify the regular flat structure and it is projecting upside from here. The larger structure is in the form of a 3-3-3 regular flat. Our "A" and "C" waves look quite similar which is a good sign. On the smaller timeframe, we will be looking for long setups to enter and hold to our long term target of 1.08.
I would love to hear what you guys think so feel free to comment and share this with others to discuss different views.
Trade with care!
Feel free to PM if you have any questions and join our group to learn more about our analysis methods.
This is our forecast for AUDCAD . As mentioned before, we believe the Aussie dollar will have strong upside across most Aussie pairs. On the AUDCAD , we can identify the regular flat structure and it is projecting upside from here. The larger structure is in the form of a 3-3-3 regular flat. Our "A" and "C" waves look quite similar which is a good sign. On the smaller timeframe, we will be looking for long setups to enter and hold to our long term target of 1.08.
I would love to hear what you guys think so feel free to comment and share this with others to discuss different views.
Trade with care!
Feel free to PM if you have any questions and join our group to learn more about our analysis methods.