GeorgeZii

Clean play on AUDCAD

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
95 views
4
Our pair seems not to be greatly influenced by the extreme fundamental wave that takes place during the last 2 weeks. Price manage to break 0.95 level flawlessly without many retests. Now it has come back down again and this time the most expected scenario is to see a move to the downside backed up by strong bears that were sleeping this week and let CAD reach an overbought condition. Now it's their time to correct the game and end their turn by touching the 0.94xx cluster.

Good luck with your decisions!

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