Australian Dollar/Canadian Dollar
Long
Updated

AUDCAD Forecast January 16-20

102
Long bias, keep looking for resistance to break and buy on pullbacks. Always TP at next resistance level and wait for the break.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look my my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Note
Tuesday

More longs on pullbacks once resistance is broken

snapshot
Note
Wednesday

Resistance was broken, this pair is still going up.

snapshot
Note
Thursday

Still up

snapshot
Note
Friday

I'm expected some sideways movement as price has went too far too fast.

snapshot

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