Get started
peakbroker

AUD/CAD Daily Forecast (31th August)

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
peakbroker Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Technical Indicators Wave Analysis aud CAD Forex swing Relative Strength Index (RSI) priceaction profit AUDCAD SELL
2
0
trendanalysis indicator waveanalysis aud cad forex swing relativestrengthindex priceaction profit audcad sell
After a little summer hiatus, I came back with weekly analyzes. One of the best options are on the AUDCAD pair. Almost every timeframe is overbought by the RSI, and the price is dancing around a strong resistance level. A correction is expected, which provides us with excellent Risk-Reward trade.
If the 0.9636 level broke, open a short trade.
Trade closed: target reached
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.