Since the employment data release from Australia, it finds more good reason like Internal economy growth, Chinese data revival and many more to take a ferocious bullish run. In line with that, please find the technical analysis of AUDCAD in higher timeframe chart,
Monthly chart:
- This pair has found the support on previous price action support with lot more doji's showing strength in growing up
- Engulfing candle has formed and 2 candles almost closed 7-8 previous candles which shows the colle…