Australian Dollar / Canadian Dollar
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Hello,Traders! AUD-CAD is trading in a downtrend And the pair broke the key level recently Now, the price is retesting the level And we are already seeing a bearish reaction I think that a drop will follow To retest the lower demand levels Sell! Target take profit on 0.924 and stop loss on 0.9
THE USDCAD PAIR , I AM BEARISH AS THERE IS HIGH POSSIBILITY OF THE PRICE TO MOVE DOWN. SO WE PUT A TIGHT STOP LOSS , TARGET AT 1.25855 , SELL AT 1.26193. LETS SEE AND OBSERVE IN DETAILS. THE DOUBLE TOP IS ALWAYS THE KEY FACTORS IN SUCH MOVEMENTS. #OPINIONLEADER##USD/CAD#
Guys AUDCAD is at a very key level. CAD news is to be released and I expect strength on CAD hence expecting bearish moves on AUDCAD. Lets see if this pattern serves as well #OPINIONLEADER#