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JoeChampion

AUDCAD Potential Downsides

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
JoeChampion  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Beyond Technical Analysis Technical Indicators AUDCAD aud CAD short SELL Bearish Patterns Technical Analysis Contains image
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trendanalysis beyondta indicator audcad aud cad short sell bearish technicalanalysis containsimage
Hey Traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.89400 zone, AUDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.89400 support and resistance zone, i would also keep an eye on the stock market to confirm the bias as AUDCAD does correlate positively with indices.
Trade safe, Joe.
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