For a while, we have been in a corrective state on AUDCAD and recently price is turning back up in an impulse move. Chances are we will continue moving in the same direction.
EURAUD could move higher to complete minor wave 2 above 1.6800 levels. Before continuing higher, it is necessary to complete the minute correction that started at 1.6800 top.
With a low at 1.618% FE at 1.5900 round level, which is also a double bottom level, the correction could have either ended as a single zigzag or has another bearish leg down between...