AUDCAD TRADE UPDATE

AUDCAD has shown a similar price movement, experiencing a significant upward reaction but failing to break through both the weekly and daily Area of Interest (AOI). The price has since declined. What we need now is a sign of strength (SOS) on the 4-hour timeframe, along with a confirmation pullback at the daily AOI to enter this trade. The price action is developing; let's wait for the opportunity to present itself.