AUDCAD Weekly Outlook May 4th 2015

FX:AUDCAD   Australian Dollar/Canadian Dollar
15 0 0
AUDCAD             Daily

AUDCAD             is trapped in a range between 0.9400 - 0.9650

If Price pullsback to 0.9650, I will be looking to short AUDCAD             given bearish signals (divergence, trendline breaks and bearish candlestick formations on lower time frames H4 & H1).

If Price pushes lower 0.9400 zone, I will be looking to go long AUDCAD             given bullish signals from lower time frames
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