AUDCAD bearish head and shoulders
Updated
both AUD and CAD are commodity currencies and in past weeks AUD was performing better than any other currency ( YTD AUD is the best performer followed by CAD) but recently AUD is losing ground (this week it is declining vs most majors) but CAD is advancing especially after the hawkish BOC yesterday
for short term i will be bearish AUDCAD
sell from current price with target 0.92 SL 0.94
for short term i will be bearish AUDCAD
sell from current price with target 0.92 SL 0.94
Comment
SL could be moved to entry level
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