AUDCAD bounced on a monthly support giving us a nice divergency on the daily RSI. The pair is currently consolidating but I'm expecting a breakout upwards due the bullish push prior to the consolidation. Targeting the 61.8 Fib level.
audAUDCADCADChart PatternsconsolidationdivergencyTechnical IndicatorsRelative Strength Index (RSI)retracementTrend Analysis

Disclaimer