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Dale_Ansel

AUD/CAD 60M SHORT - BOUNCE OFF ROUND NUMBER LEVEL

Short
Australian Dollar/Canadian Dollar (FOREXCOM:AUDCAD)  
Dale_Ansel  
FOREXCOM:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis
6
0
trendanalysis
snapshot


Price made a sharp move upward and found resistance at the .9700 round number level.

Price tried to break through that level 5 times with no success, price drops below the

8/21 EMA's and make a shallow pullback....finding resistance at the 8-EMA.

We could be looking at a nice 60 min Price reversal with a target at or near

the .9600 previous support level.

Happy Trading
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