💸 AUD/CAD Breakout time 💸

By InvestMate
Updated
💸 In today's analysis we look at an interesting opportunity on the aud/cad pair.

💸 Since the beginning of today's session, we can see the strength of the Austarlisian dollar against the Canadian dollar.

💸 Most of the technical analysis indicators signal the possibility of a breakout and divergence from the previous moment when we were at the same price level.

💸 I sense a breakout from the double bottom

💸Risk/Reward ratio: 4.52 (excellent)

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Trade closed: stop reached
AUDCADChart PatternsForexTechnical IndicatorsLONGmoneymanagementRelative Strength Index (RSI)riskrewardStochastic OscillatortechnialanalysisTrend Analysis
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