Dollar Australia/Dollar KanadaPenjualan
AUDCAD may be about to reverse
The AUD has performed well over the last week but with price now reaching overbought and AUDCAD approaching double resistance, we may see a decline from these levels.
Being a holiday, volumes will be down but this can lead to volatility.
We are taking a small position and SHORTING this pair from 1.0094 with a STOP at 1.0140 above all the resistance.
Being a holiday, volumes will be down but this can lead to volatility.
We are taking a small position and SHORTING this pair from 1.0094 with a STOP at 1.0140 above all the resistance.
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