AUDCAD following bearish channel
AUDCAD following bearish channel very well. This is a counter-trend trade. But the risk/reward is good, as we going long near the lower band of the bearish channel.
Wait for re-test of 0.9940-50, which is last week's low.
Long AUDCAD 0.9940-50
SL 0.9900
TP 1.0100
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ForexPositive.com
Twitter: ForexPositive
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Wait for re-test of 0.9940-50, which is last week's low.
Long AUDCAD 0.9940-50
SL 0.9900
TP 1.0100
======
ForexPositive.com
Twitter: ForexPositive
=====
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.