Hello Traders
To start off the week, I'll be looking at AUDCAD, the only Aussie Dollar pair I'll be looking at just now.
Here we can see a break above then close below the resistance at 0.915 area (Monthly/Weekly) resistance.
I foresee a drop in the pair, so will be setting an SL above trend line and hopefully enjoying a fine downward slide on retest of resistance zone.
Happy trading
Roo :)
Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own!
Be sure to like and comment on the chart and follow me on trading view.
To start off the week, I'll be looking at AUDCAD, the only Aussie Dollar pair I'll be looking at just now.
Here we can see a break above then close below the resistance at 0.915 area (Monthly/Weekly) resistance.
I foresee a drop in the pair, so will be setting an SL above trend line and hopefully enjoying a fine downward slide on retest of resistance zone.
Happy trading
Roo :)
Please remember I am a hobby trader, this is not financial advice and any losses or gains are your own!
Be sure to like and comment on the chart and follow me on trading view.
Nothing you can do, win some lose some.
Onto the next!