AUDCAD: Market gearing for a strong Bullish move?

After clearing Nov 2019 low, price struggle to hold below. This is evidence by the 2 strong D1 Bullish close every time it hit below the structure low. And in the weekly, we can see there isn't a weekly close below. With all this evidence, I'm inclined to believe that market is gearing for a strong Bullish move to the indicated target. Will be looking for a trigger in the smaller time frame to go LONG in this pair.

DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.