AUDCAD price seems to exhibit signs of Bullish continuation.
Bulls may eventually face a strong resistance zone around 0.9408 till 0.95485. If there is considerable Bullish momentum in this price zone, chances of TP2 may increase. Till then, opportunity may be seized by the Bulls.
After the Bulls surf the potential wave till TP1, a probable opportunity may arise for the Bears in the form of a probable Harmonic reversal from key Fibonacci Harmonic price levels which increases the importance of moving SL to Break Even if TP1 hits.
Till then, opportunity may be seized by the Bulls.
Trade Plan
Entry @ 0.92795 OR CMP Stop Loss @ 0.9179 TP1 @ 0.9381 TP2 @ 0.9482