memit
Long

AUDCAD long Daily/ 4 hour

OANDA:AUDCAD   Australian Dollar/Canadian Dollar
This is another long on the AUDCAD pair and a continuation of the current rally higher. Price on the daily has paused and printed an inside day candle which, for me, is not at a significant point where a reversal may happen so for me I see this as a continuation- this manifests as a small triangle on the 4-hour. I may look to go long on further bullish momentum and place a buy stop at the high of the inside candle. TP for me on this would be a measured move objective which take us up to 0.993 and 1.000 price.

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