rodneyamah

AUDCAD - UPDATE!!!! - Can we break even now?

Long
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
Hello guys, last week our pair smashed about 87.5 pips in our direction, we still expect the move to the downside. I think we can breakeven at this point and run a risk-free trade because the price has advanced far past our entry. Also, traders who are satisfied with this movement to the downside can start locking profits or closing their positions because the market is at a demand zone.

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