aslamhammad

AUD/CAD RBA Cash Rate + Retail Sale Trade

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Well it looks overbought .....So i would short it below the senkou span b border (which is acting like a temp support area).....Once we go below it, there is probability that the price will come down to support area E.

Short @ 0.9552
TP 1 0.9516
TP 2 @ 0.9501
TP 3 @ 0.9470
SL @ 0.9700

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.