Aud/Cad has been giving us some great price action to understand the chart, i believe there is a regular flat forming off a big down impulse, meaning another down move is coming. However this is only the corrective structure to the bigger picture. This pattern completes if the lows of B are broken, if they are not then look for upside and potentially the correction is over. SHORT TERM SELL - LONG TERM BUY (PS not trade calls, just direction)