Bullish Trend AUDCAD
* Printing HH & HL (Dow theory)
* Significant below R1, Oversold, Mean reversion expected.
CAD is strong and bringing pair down, whereas oil is weak.
* Sentiment 86% long
* No divergence.
* Cash rate is expected to be better than forecast as been exceeding in last two 'News'
* Significant below R1, Oversold, Mean reversion expected.
CAD is strong and bringing pair down, whereas oil is weak.
* Sentiment 86% long
* No divergence.
* Cash rate is expected to be better than forecast as been exceeding in last two 'News'
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