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blackbayinvestments
Jul 22, 2019 9:21 AM

AUD/CAD - LONG 1D Long

Australian Dollar/Canadian DollarFXCM

Description

AUD/CAD - possible long opportunity may occur, as this analysis shows the markets reaction to this support level over the last 10 years. Every time the market has touched this level it has bounced. It Is recommended that traders should enter a long (buy) if the market retests this support level or there is a slight reversal. AA high probability trade like this, offers a generous Risk/Reward ratio.

Disclaimer. Further technical & fundamental analysis should be considered first, before entering a trade like this.
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