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theforexportal

AUDCAD pushed through significant Fibonacci level

Dollar australien/Dollar canadien (FX:AUDCAD)  
theforexportal  
FX:AUDCAD   Dollar australien/Dollar canadien
AUDCAD theforexportal
2
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audcad theforexportal
AUDCAD has pushed through the .784 Fib level and is approaching previous high at 1.0397.
TDI studies suggest this is attainable but BEARISH pressure is building.
Difficult to recommend taking LONG trades from these levels so BUY on a pullback.

Trade idea.
Wait for a pull back to lower ground at 1.0240 area.
SELL at 1.0334

Idées en relation

theforexportal
AUDJPY BULLISH
theforexportal
BEAR pressure building on AUDUSD
Clause de non-responsabilité

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