AUDCAD bearish head and shoulders
both AUD and CAD are commodity currencies and in past weeks AUD was performing better than any other currency ( YTD AUD is the best performer followed by CAD) but recently AUD is losing ground (this week it is declining vs most majors) but CAD is advancing especially after the hawkish BOC yesterday
for short term i will be bearish AUDCAD
sell from current price with target 0.92 SL 0.94
for short term i will be bearish AUDCAD
sell from current price with target 0.92 SL 0.94
Note
SL could be moved to entry level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.