AUDCAD Short

Australian Dollar/Canadian DollarFXCM

Description

⋅ Sep 5, 2019 7:27 AM

We are looking to add a potential short position on AUDCAD, the pair is over extended on most time frames and has just come out of consolidation on daily. If we see 4HR rejection on 0.90419 handle, we will enter a short with 2 TP levels in place.

Take Profit 1:

0.89830 (+0.66%)

- Once hit adjust SL to break-even

Take Profit 2:

0.89424 (+1.11%)