This pair has been bearish for months, there was a breakout before which was false and resulted in a steeper downward move.
Therefore wait for a retest of the trendline/support before entering the trade
Therefore wait for a retest of the trendline/support before entering the trade
Note
Failed to break resistance. Lets wait for a breakout of the resistance line and a retest of it before entering a longNote
nice rally. still expecting a full back so i can re-enter.Note
No retracement has happened. I don't blame AUD. It was brutalised by CAD for months.I still think price will drop to .9710 area so I can buy. wish me luck
Trade active
Retracement has happened. we are now in the trade!Note
We entered around the 9710 mark and now looking to go up
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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.