STRONG UPTREND FORMING UP

Good day traders, as we can see that AUDCAD has high Market volatility and the current trend is really clear but we can see Bulls have the advantage

A Change of Character(trend) occurred and we can see a NEW HIGH formed, giving us a sign bulls might be in control

The best move would be to wait for the market to break above the NEW HIGH and wait for a retest that will confirm that buyers indeed took over the market and are in control, meaning we can BUY

but if it breaks below the Major low, then it means this set up failed and sellers are taking over