lukelehepuu

AUDCAD BREAK OF SUPPORT

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Last week I posted an opportunity to either short or get long depending on how we reacted to the yellow trend line. We have now broken and closed below it on the daily chart. This to me is looking more bearish so I have decided to eliminate the long trade and get short. We could see some support down to .9785 so be careful.
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