KamalFX

AUD/CAD POTENTIAL LONG TRADE

Long
FX_IDC:AUDCAD   Australian Dollar/Canadian Dollar
1
The AUDCAD pair has hit a strong long term support line and is giving confirmation by producing a doji candle. I will wait for this candle to close and then wait for the following candle to also close, if the following candle is bullish I will execute a long trade with my first target around the 0.96230 level giving me around 25-30 pips. If it hits this target I will close half the position and aim for the 0.96730 level, giving me another 50 pips.

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