Ransquawk

Due to high volatility caused by the presidential elections in the United States on many pairs will be difficult to see today some opportunities for speculation (only intraday). However interestingly looks H1 chart of AUDCAD.

As we can see pair formed a ascending wedge formation from which took place today a breakout. After breaking the price has already reached the first level of support (1.0233) and are expected further slides. Another important target for the decline may be here support at 1.0130 which was the second reflection from the lower end of the wedge formation.

0911-audcad

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Ransquawk