Long AUDCAD on recent technical support

Long AUDCAD on daily support in the ~.98 region. The .98 support also coincides with key fib retracement support as shown. I look for a test of 1.00 with a stop just under .98. Recent price action has attempted to move below the .98 region without any success even on repeated attempts. If you follow my 10000 USD base account recommendations I advise going long $10000 USD.

Disclaimer