AUDCAD Building Strength for an Upside Channel BreakoutAustralian Dollar / Canadian DollarFOREXCOM:AUDCADforexinworldAUDCAD – 4H Ascending Channel Continuation Market Structure: Price is moving inside a well-defined ascending channel. Higher lows are holding above the lower channel support, while price remains capped below the upper channel resistance, indicating controlled bullish structure within a rising range. Price Action: Recent price action shows rejection from the lower half of the channel followed by consolidation near the channel midline. The structure suggests a continuation attempt toward the upper boundary after holding support. Trade Bias: Bullish Entry Zone: 0.9170 – 0.9190 Stop Loss: 0.9090 Take Profit Levels: Level 1: 0.9240 Level 2: 0.9280 Level 3: 0.9320 Invalidation: A 4H close below the lower channel support around 0.9090 invalidates the bullish setup.