Sam_Eder

AUDCAD - Data Divergence Inspires Shorts!

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
RBA Gov Lowe came out and said that it is "not unrealistic"
to expect a further cut to the RBA's cash rate.
We like playing AUD weakness against recent CAD
strength, after a splendid CPI beat yesterday.

Prefer pullbacks to get aboard, towards the short-term
resistance because the main target is close.

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