The sell that we took on AUDCAD on April 17th, 2019 is now officially over and now we are preparing to to enter a buy. After a short retest to the bottom of the right shoulder AUDCAD... this pair should take-off after breaking the neckline @ .93250!! This trade should net us 300 - 500 pips. Sl .92200 TP .97000 #ProfitMasters
The Australian dollar is beginning to weaken after a 2.5 week strong arm of the market. This sell of AUDCAD is a great representation of the end of a bullish run and the start of a bearish trend.