AUDCAD:SELL From 61.8% FIBO Level Resistance Swing SHORT
Updated
AUD/CAD as predicted yesterday had a reaction on the 61.8% FIBO. The price from our last idea it jumped to the FIBO level attracted as a magnet ( below the previous idea image ) and when it reach the 61.8% in confluence with the Resistance area and the dynamic trandline plus the clues about the Stochastic and RSI in overbought level / Divergence , it has reverted with 2 big red candle again in the direction of the main trend . We are looking for a short continuation. The strategy it's a clear Swing trading setup of continuation trend.
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