AUDCAD - LONG

For AUDCAD, my bias thoughts are LONG. Currently, price has touched daily demand and I am anticipating for price to rally up to at least the next daily supply zone. By looking at 240 time frame, we can see that price has been creating new highs and higher lows. So, I've set a buy limit (PO) on the daily demand (referring to the chart above). Let's see how price react to this zone in the coming days and weeks.

Let me know what are your thoughts on this pair.

Cheers,
Renee