AUDCAD
Price is in the support area, if there is show any rejection inside the support area, we can take a long on this pair to catch up the deeper retracement, after that, we might take a short position if there has shown any valid entry to us.
On the COT perspective, both AUD and CAD are getting stronger but CAD>AUD, so we might take a long position on this pair just for a retracement, eventually, AUDCAD will push to the downside.
Comment your thought below!!!
On the COT perspective, both AUD and CAD are getting stronger but CAD>AUD, so we might take a long position on this pair just for a retracement, eventually, AUDCAD will push to the downside.
Comment your thought below!!!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.