With the Divergence on the Awesome Oscillator I am thing the AUDCAD is nearing the end of wave i up with wave ii retracing to the .9150 area before higher.
Another bullish view would be that the pair is just neding the circle 3 wave and we could still see a small pullback/consolidation before one more high to complete the wave i.
I reamin bullish as long as the pair holds above .9073. A break above .9397 may indicate the new uptrend has begone.
AUDCAD 4 HR Elliott Wave Count
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| AUDCAD 4 HR Elliott Wave Count |