AUDCAD has broken through the resistance line of a Triangle technical chart pattern. Because we have seen it retrace from this line in the past, one should wait for confirmation of the breakout before taking any action. It has touched this line twice in the last 7 days and suggests a possible target level to be around 0.8957 within the next 11 hours.
AUDCAD breakout from a Triangle trade setup. Will it continue this trend to hit the target price?
