Nine-Trader

AUDCAD Buy Opportunity

Long
Nine-Trader Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Hello fellow trader,

Possible buy opportunity appears on this pair. Consider that price may not reach the target and fall back down.
Enter the trade on strong price action and move to break even as soon as conditions are met.
AUD is gaining strength due to fundamental reasons.

Good luck,

9
Trade active:
Despite price moved downside the market structure is still bullish.
I am waiting for the price to reach 0.9100 area.
Being end of year shows that investors are preparing for holiday mainly and avoiding investing these days.

Comment:
Price is continuing to move towards its target at 0.9100 level.
Don't forget to manage the position and lock the profit in with trailing stop.
Comment:
Trade closed: target reached

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