AUDCAD Oversold Pair with 5:1 RR
5:1 Reward:Risk ratio. It is AUDCAD on a daily chart. If this oversold pair does not rise at this level, then the level below is a good level.
AUD is the most oversold than the rest of the G10 FX with an economical growth pattern that has not showed up on the charts yet. What's more, AUD has a lot of padding compared to CAD in its real estate market from its prepayments to help absorb higher rates.
AUD is the most oversold than the rest of the G10 FX with an economical growth pattern that has not showed up on the charts yet. What's more, AUD has a lot of padding compared to CAD in its real estate market from its prepayments to help absorb higher rates.
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