AUDCAD

The proposed oil supply cuts propped the Canadian Dollar. Presently, across major currencies we are witnessing a bullish correction before a bearish continuation. For the AUDCAD, we have a CHOCH & BOS suggesting a shift in order flow targeting the unmitigated regions and fair value gaps above. Once the pair indicates the bullish correction is coming to an end, that’s when I will enter the market targeting the liquidity below.