olly48

AUD/CAD Long From Support

Long
FOREXCOM:AUDCAD   Australian Dollar/Canadian Dollar
This has retraced to the point I marked out in my previous post for this pair. This was a very strong downward move so I want to let it settle before opening a long. Also MACD has dropped below 0 and EMA's have crossed lower so I want to see these turn back higher before longing.

I have set TP at 1.00482, I expect a lot of resistance there and above

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