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JFD_Research
Jan 30, 2020 7:54 AM

AUDCAD - 240 - Could be interesting 

AUSTRALIAN DOLLAR / CANADIAN DOLLARICE

Description

Quick idea.

AUDCAD is at its key support area, near the 0.8888 hurdle. We already saw a few false breakouts below that level, but we would like to see at leas a 4-hour close below it before examining a further directional move.

Please see the chart for levels, targets and the alternative scenario.

Don't forget your stop-loss.

Comment

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