AUDCAD - looking higher

Australian Dollar/Canadian DollarFXCM

Description

⋅ Oct 29, 2014 4:54 PM

This double top is something that I don't like and as long as the trendline holds, I'll be looking towards 61.8 retracement area. Not sure which one is going to be the leading currency here - AUD strength or CAD weakness but I do prefer CAD.

Time will tell.