Short

AUDCAD is losing ground

Updated

This pair has been in consolidation for quite sometimes. (See the box). The price has now close below the box and was even rejected from it's lower side.

Note

Price got back into the box. Today's close is crucial. Still watching this pair.

Order cancelled

Contrary to original trade idea the pair was rejected to the box again and has moved strongly even above it. the short trade is not valid anymore (Which was never triggered).
Now I am watching the PA for a move back to the box on the upper side and look for longs.

L__Chaim

Also on:

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.