AUDCAD: Trend Line Breakout Trade

AUDCAD broke above a strong falling trend line on a daily.

On hourly the price has formed a narrow horizontal range.
Just recently its resistance was broken with a high momentum bullish candle.

Now a bullish movement is expected.

Goals:
0.986
0.9875

Trade geschlossen: Ziel wurde erreicht:

Price hit the first goal during US session yesterday

Kommentar:

Check my new idea on EURGBP: