Emerging Channel Up detected on AUDCAD – the pattern is an emerging one and has not yet broken through support, but the price is expected to move up over the next few hours. The price at the time the pattern was found was 0.900645 and it is expected to move to 0.9069.
After testing the resistance line numerous times, AUDCAD is once again approaching this line. Can we expect a bullish trend to follow?
