AUD/CAD Short Trade

I am short the AUD/CAD pair from yesterday.   The pattern is a rising wedge on the daily chart (magenta lines) which has formed within a larger rising wedge on the weekly chart (blue lines), going back to November 2009.
Entry was at the break of the daily wedge and my first target will be RRR 1:1.  If that is reached I shall hold the remainder of the position hoping for it to reach the bottom of the weekly wedge.  The price action today may be showing that the retest of the lower wedge line has taken place and if so, I would expect further price deterioration from here.