AnriErikanov

AUDCAD Overextended !! buy

Long
FX:AUDUSD   Australian Dollar / U.S. Dollar
0
Hi guys let's start off by showing you some technical analysis why you might consider to go long on AUDUSD
This pair seems to be bearish this week but clearly shows a wedge pattern wich indicates trend weakness
either going to retrace or reverse further bullish
It's the non-farm payrolls and unemployement that are going to dermine if a reversal would happen

there are important events and I am not going to trade or keep positions open and probably close my postitions around 0.75500 before the events

notice the RSI divergence
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