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Short

Divergence on 1H AUD/CAD, short rallies

FX:AUDCAD   Australian Dollar/Canadian Dollar
227 0 10
a month ago
AUD/CAD             finds major resistance at 1.0350 levels. Breakout above could see further upside.

We see divergence on hourly charts.

Short rallies around 1.0315, SL: 1.0350, Target 1.0245/ 1.02/ 1.0187
a month ago
Comment: Stopped out...unanticipated spike on Thursday....all targets hit nevertheless...

Closed above 20-DMA 1.0195, after hitting lows of 1.0184.

20-DMA violation will see further drag...will wait for the opportunity...

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