In the realm of AUD/CAD intraday analysis

Updated
Greetings fellow traders,

The upcoming trajectory is set to follow the purple path based on the mid-term analysis.

For intraday considerations, two potential setups emerge:

A prospect at the bottom of the channel, though I advise caution. I am willing to take a quarter of the usual risk for this setup.

Alternatively, the purple zone nested within the yellow zone could present a favorable opportunity for long trades.

Best of luck in your trading endeavors!

Take a look to mid-term analysis!
Trade closed: target reached
A small profit!

snapshot
audAUDCADaussieCADdaytradedaytradingintradayloonieSupply and DemandSupport and ResistanceTrend Analysis

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