On the AUDCAD we are touching this trendline again, just like we did on Friday. Looking at the length of the last few candles, it seems very possible that we will break through. I want to wait for a daily candle to close above the trendline before entering.
Cheers
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Will enter on Monday, don't feel like entering this one right before the weekend.
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Could still be valid. Will have to see what happens the next few hours.
@11021992, Thanks for the analysis .. hope you're right and that the pair will reach the TL as soon as possible.. however might have a pullback.. do you think there is a resistence level around 0.975-098?
11021992
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@mlepper, Yes, it may drop to that area and then move up to break the trendline. We will have to wait and see what happens.