AUDCAD - Waiting for the impulsive move up.
Most of the AUD pairs are currently in a corrective move. We need to try and catch the end of the current corrective pattern to find the impulsive move up.
The charts are suggesting we are starting the up-move to complete the larger corrective C wave.
We can either be patient and catch this move up on the Daily or for all you day traders, you can drop to the lower 4h and find an opportunity to catch whats left of this move down.
The charts are suggesting we are starting the up-move to complete the larger corrective C wave.
We can either be patient and catch this move up on the Daily or for all you day traders, you can drop to the lower 4h and find an opportunity to catch whats left of this move down.
Comment:
Price dropping down as expected.
