FxSaint

AudCad - Looking for bounce to north, will it ??

Long
FX:AUDCAD   Australian Dollar/Canadian Dollar
Lets poll it fellas, how many of you think that level 0.9740-30 is going to be bouncy ?? I see it as bouncing market price level, & I m expecting price to rise to minimum of 0.9830 level, & extension if happens then its going to be much higher. Will it really bounce ?? I dont know, all I can do is trade the way I know & have positive expectancy & try to limit my downside. I m going to risk no more than 25-30 pips on this, & try to pick atleat 100 odd pips.


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