AUDCAD Long Setup

Posted on the 08 December 2013 by Souljester @souljester618
Just a Sunday night forex observation. 

AUD/CAD has a DMI cross and is breaking short term resistance lines off the lows. Here is the chart: We also have a rising MACD, and rising 13 EMA on the daily per the chart below.   I will be following the trend lines on this move it continues upwards. Here is the initial measured move target area if the breakout is for real. As always, do your own due diligence, make your own decisions, and read the disclaimer. There is always a bull path and a bear path and only the sands of time know which path we will take in our time.

Peace, Om,
SoulJester