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Finchcliffe

AUDCAD: Awesome breakout, time to fall back?

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Finchcliffe Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Chart Patterns aud CAD AUDCAD aussie canadian dollar canadicandollar
8
2
trendanalysis chartpattern aud cad audcad aussie canadian dollar canadicandollar
Had a great breakout of the falling wedge that I called out in an earlier idea (I missed the trade as it happened sooner than I expected), but now I believe we'll fall back from resistance (we can see some rejection on the daily) before confirming the trend change higher.

No real fundamentals for this, pure price action.
Trade active
Comment:
Shaping up nicely:

snapshot

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