AUD/CAD, DAY CHART, SHORT (18-DEC-2016)

By YongLiang
Note: AUD/CAD is following what we predict
last week.
Overall, we are bearish on this pair

There are 2 plans for this trade:
1. Looking for the price correction/pullback to
the support zone near 0.979 level and a bearish
signal to short with right risk

2. Zoom into H4 or H1 chart to look for pullback
to 20-EMA and short with little risk
AUDCADaudcadanalysisaudcadshortaustraliandollarbreakouttradingcanadiandollardailyforecastGood Risk/Rewardshortsetupswingtrading

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