Short-term long opportunity on AUDCAD

5 ส.ค. 2018Currently there is a wedge forming on the daily chart of AUDCAD, with price interacting a fair amount recently at a support zone and accepting it. Also identified a longer time triangle that is now coming into play as a result of the upwards trend line, and acts as a double confirmation point on the daily chart. Aiming to see a push up towards the 0.985 mark before encountering a significant amount of resistance.