dhoover

Finally stopping this time?

FX:AUDCAD   Australian Dollar/Canadian Dollar
0
As Stochastics cross yet again on an admittedly weak bearish candle, is there any slowing down for the Aussie? This is what I envision any turnaround looking like, though I'm not putting a position on until it confirms below the higher trend line.

23.6% fib w/resistance: 1.0064, 38.2% fib w/resistance: 0.9933, 50% fib w/weekly resistance: 0.9828
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