My bias for AUDCAD is bullish for the moment. We are currently in a correction after an impulse so buying the breakout of the correction is a good idea. I think AUDCAD may move higher than the 1.618 level but let's take it step by step.
Trade closed: target reached
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Congrats if you took the trade.
Comments
Trader_Dale
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I think it would be safer to look fot short trades there. But it is just my opinion. Thanks for your idea and good luck mate!
Yassine
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@Trader_Dale, Thanks for your comment. I still think AUDCAD is bullish. If it breaks 0.98516 then I may change bias. Good luck!