Get started
Australian Dollar/Canadian Dollar

AUDCAD SHORT or LONG?

By Hedge_King
Updated
Audcad broke trend line, retested as well and if it falls under the trend line there could be a potential SELL going for a 100 pips. a potential BUY looks more promising as it has broke the trend line and retested and is currently rising, potential sell up to resistance line, supporting this; the -27.00% retracement is also in line with the previous resistance. This will be the TP !!!
Trade closed: target reached
Trend Analysis

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.