AUDCAD

Hi dear traders .
With a quick take a look at monthly time frame we can see that price has just met monthly trend line .On the other hand here on the daily the price seems that is about to start a correction phase since it consolidated last days ,
The second bullish impulsive move has broke all structures above and now we expect a retracement of it ,at least to the 38% of fibo .


Thanks for your time .
This is my point of view of current market , and you can analyze the chart before taking any action .
let me know your comment below and leave me a like if it was useful .