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AUDCAD : Rectangular range formation - Breakout soon ?

Australian Dollar/Canadian Dollar (FX:AUDCAD)  
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FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD audcadsetup range Rectangle rectangularrange breakout audcadshort audcad1hr audcadlong
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audcad audcadsetup range rectangle rectangularrange breakout audcadshort audcad1hr audcadlong
AUDCAD is ranging for past 24hours in hourly timeframe, so I expect a breakout out of this rectangle. We can enter the breakout direction once we have valid confirmation. Keep this AUDCAD in your radar and watch closely, enter on the breakout with stops.
Happy Trading !

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