AUDCAD-ST BUY strategy

FX:AUDCAD   Australian Dollar/Canadian Dollar
We have violated the BB and this is not a good sign for the pair. However, short-term we may see little pullback. It is short-term little oversold, and judging daily and 4-hourly chart, we may see pullback to 0.8845.

Strategy suggested, BUY @ 0.8760-0.8770 and take profit 0.8838. Stop-loss below the low 0.8740 for now.


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