theforexportal

AUDCAD pushed through significant Fibonacci level

FX:AUDCAD   Australian Dollar/Canadian Dollar
17 views
2
17 0
AUDCAD has pushed through the .784 Fib level and is approaching previous high at 1.0397.
TDI studies suggest this is attainable but BEARISH pressure is building.
Difficult to recommend taking LONG trades from these levels so BUY on a pullback.

Trade idea.
Wait for a pull back to lower ground at 1.0240 area.
SELL at 1.0334
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out