AUD/CAD repeating the short term falling wedges(28th January, 2022)

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AUD/CAD repeating the short term falling wedges(28th January, 2022)

AUD/CAD repeating the short term falling wedges(28th January, 2022)

  • :

attached picture is the chart of the pair AUD/CAD. It has been visible the repeating pattern of falling wedge breaking upwards and meeting our targets. so the plan is to buy the pair @.89080 for the target of .92750 & its kind of forming the double bottom range & we expect the RBA to be more hawkish in upcoming meeting by ending the QE & set the path for rate hikes this year end which will support the pair.