Pickles5b

AUD continuing to gain strength throughout the pandemic.

Long
Pickles5b Updated   
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
My observation:
Inverse Head and Shoulders may be signaling a continued uptrend.
At the moment the long term Technical's support a buy, as indicated on the Trading View Technical Analysis of the pair.
Australia has had more success I think than most countries with Covid 19.
Comment:
My observation:
This stopped out and I will have to wait for the retrace for a better entry on the next Long.

Dave-fx-hunter has a sell on this pair using the COT analysis which is worth a visit.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.