deriangw
Short

Aussie Canada lovestory. Where is it heading?

FX:AUDCAD   Australian Dollar/Canadian Dollar
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So the RBA has indeed manage to keep their interest rates low at 1.5%.
We will expect the Aussie to go down in the future.
Given the fact that the Aussie versus US Dollar has hit the resistance line and seem to be going on its consolidation point.

Whereas for the Canadian dollar , we are expecting huge increase in the dollar due to the deals between Russia and
Saudi Arabia.

It's time to trade oil people!
Remember, trade at your own risk! This is just a personal opinion.
Cheers
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