AUD/CAD (8/10/17) *It is a Draw

This is one of the typical example, when you enter a trade on the pairs that both sides are either strong (or) weak, which there is no edge over each other.
For this particular pair, both AUD and CAD are weak.
It is almost a draw. Almost 50%-50% chance.

Do not enter a trade if you have not entered.
I am seeing some slght possiblity of it going up.



Trade Safe,
s0nic






Disclaimer :
This analysis is purely based on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.