AUDCAD PREDICTED DIRECTION SHORT TERM LONG AND LONG TERM SHORT
AUDCAD IS IN STRONG SELLING FROM A LONG TIME AND IF WE CORRELATE THIS PAIR IT SHOWS AUD IS WEAK ACROSS THE BOARD AND CAD IS STRONG WHICH IS A GOOD SIGN TO GO FOR A SELL AND ALSO AUD LAST WEEK NEGATIVE FUNDAMENTAL REPORT AND CAD STRONG FUNDAMENTALS SHOWS THAT THIS PAIR IS GOING TO DOWNSIDE. WE HAVE COUPLE OF CLUES FOR A SELL.
BUT NOW 240 CHART SHOWS SOME WEAKNESS AND WE ARE EXPECTING A PULLBACK SO FIRSTLY WE ARE LOOKING FOR A BUY AND THEN WHEN WE REACH THE STRONGER AREA OF SELLERS THEN WE GO WITH THE ORIGINAL DIRECTION.
BUT NOW 240 CHART SHOWS SOME WEAKNESS AND WE ARE EXPECTING A PULLBACK SO FIRSTLY WE ARE LOOKING FOR A BUY AND THEN WHEN WE REACH THE STRONGER AREA OF SELLERS THEN WE GO WITH THE ORIGINAL DIRECTION.
Trade active
Trade closed: target reached
BUYING TARGET ACHIEVED.Trade active
SELLING TRADE ACTIVETrade closed: target reached
SELLING TARGET ACHIEVED
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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.