forex47_

AUDUSD (D) - Wait to Sell?

forex47_ Updated   
OANDA:AUDCAD   Australian Dollar/Canadian Dollar
  • It looks like AUDUSD is trying to create a relatively wide price range from 0.91158-0.93768

  • RSI is still in the range of 30-70

  • Currently the currency pair is in the middle of the range,
    there is no exact basis for the move up or down.

  • However, we expect more growth to create a wide-ranging market.

  • Then we can wait for Sell at 0.93498-0.93768 with
    Takeprofit at 0.91469 when there is a clear bearish signal.
    Stoploss should be at 0.94275

Comment:
Sorry, This is AUDCAD!
Comment:
AUDCAD moves as planned, waiting for Sell signal
Comment:
If you have sold AUDCAD, convert SL to positive. If not, cancel this trading plan!

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