FullTimeTrader
Short

AUDCAD-broke consolidation area and bouncing from it

FX:AUDCAD   Australian Dollar/Canadian Dollar
247 0 6
Last weeks this pair has been bouncing between a consolidation area.
Now the price has broken the low and is bouncing from it.
Fundamental analisis:
Yesterday the deputy Governor of the RBA commented that reducing interest rates “would be effective.” This was from a speech made at a bankers dinner and the Aud has now broken multi year lows so we could be on for a BIG drop here.
Happy Trading
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out