AUDCAD 1H Long Setup — Breakout Retest with Bullish MomentumAustralian Dollar / Canadian DollarFOREXCOM:AUDCADaliraza2764Ticker: AUDCAD Timeframe: 1H Bias: Bullish / Long Setup: AUDCAD has shown a strong recovery from the 0.9900 support zone and recently broke above the short-term resistance area. Price is now holding above the breakout zone, while the Alligator indicator is turning supportive and RSI is around 60, showing positive momentum without being extremely overbought. Entry: Around 0.99665–0.99680 Take Profit: 0.99830 Stop Loss: 0.99500 Risk / Reward: Approximately 1:1 Reason for the trade: 1. Price recovered strongly from the lower support zone. 2. Breakout above short-term resistance. 3. Price is holding above the Alligator lines. 4. RSI remains above 50, supporting bullish momentum. 5. Stop loss is placed below the breakout support area. Invalidation: The setup becomes weak if price closes below 0.99500 or breaks back below the breakout support zone. Note: This is a short-term technical setup and not financial advice. Trade should be managed according to personal risk management rules.