Jamal92

Buying Position - AUDCAD

Long
Jamal92 Updated   
FX_IDC:AUDCAD   Australian Dollar/Canadian Dollar
The support line has been tested 3 times and the RSI is indicating that this pair is oversold, You can clearly see that whenever the RSI hits those levels of oversold it shot up. I will set this pair for a buy and will hold unto this till around the 1.01600/1.06700 levels.

P:S Fundamentals is also saying that there is a lucrative deal occurring for Australia in increasing there Iron ore output to countries like india which will strengthen the Australian currency.
Trade active
Trade closed: target reached:
Woop Woop. I got more then I expected.

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