As we can see in this graphic, AUDCAD has reached an overbought state. CAD is falling due most likely to Trump tweet this morning, where he tweets about the price of USOIL, affecting then the CAD.
Candlesticks signals and RSI overbought and AUD Fundamentals indicate that this is a good time to sell.
How to trade?
SELL between: 0.9465 - 0.9480
Take profits: Close half your position within 50 pips.
Stop Loss: 0.9575
Have a good trade.
This is only our opinion, take your own risk.
Candlesticks signals and RSI overbought and AUD Fundamentals indicate that this is a good time to sell.
How to trade?
SELL between: 0.9465 - 0.9480
Take profits: Close half your position within 50 pips.
Stop Loss: 0.9575
Have a good trade.
This is only our opinion, take your own risk.