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russellw

AUD/CAD - Short Swing

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
russellw  
FX:AUDCAD   Australian Dollar/Canadian Dollar
short AUDCAD Bearish Patterns Parallel Channel
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short audcad bearish parallelchannel
Bearish channel within bullish flag is still holding. Expect sellers to step in soon to drive price down.
Personal expected RRR is 2.5.
If price breaks upper bound of channel and close above 1.006, idea invalidated and my bias will switch to bull
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