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HuracanFX
Jan 17, 2019 10:46 PM

AUDCAD SEEKING BEARS AHEAD OF CAD CPI yy/MM sa Long

Australian Dollar/Canadian DollarFXCM

Description

AUDCAD currently on a bullish run, however rejection candles are showing signs of bearish notes, this could signal bears are wanting to regain control from market once again.

CAD Fundamental news will allow us to take directional trades and if price action prevails ; respecting the bearish trend, a decent setup is possible

Long until resistance is tested again at 0.95860 and then look for short positions.
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