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AUD/CAD 60M SHORT - BOUNCE OFF ROUND NUMBER LEVEL
Australian Dollar/Canadian Dollar
Short
AUD/CAD 60M SHORT - BOUNCE OFF ROUND NUMBER LEVEL
By Dale_Ansel
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Aug 9, 2018
7
Aug 9, 2018
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
Trend Analysis
Dale_Ansel
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