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Khoza

AUDCAD D1 Possible Trend Reversal

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Khoza Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Technical Indicators
3
2
trendanalysis indicator
The AUDCAD has reached a major resistance level. If trend is rejected here this will be a great setup for a sell. The Stochastic Oscillator and the RSI(14) are on the over bought zone. Both indicators and the Parabolic Sar on H1 are already confirming a downward movement.

Open: 1.01624

TP1: 1.00327
TP2: 0.99020
TP3: 098097

Stop loss: 1.02746
Trade closed: target reached:
All targets reached.
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