capitalpropertiesfx

AUDCAD - beautiful sell off

FX:AUDCAD   澳元/加元
1
The pair sold off hard and is approaching a key area. We may see a bounce back higher from current levels, though buying here is not a good idea. I'm waiting for a pullback to the 1st resistance area and if price shows hesitation there, I'd say it is a good possibility to re-short.

Time will tell. Watching.

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