AUDCAD has been falling inside of a channel for the past 3 years. The lower side of the channel was touched again on Friday and might be the start of a bullish reversal.
Using past patterns, the top of the channel might be reached by May
Using past patterns, the top of the channel might be reached by May
Comment:
First high reached. Watch for a retracement to the 38.2 line, according to the used pattern