KudaChenjerai

audcad short trade idea

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Look the market has low volatility today l admit , I'm actually looking at one of the pairs l don't usually analyse , We have seen a lack of buy follow up and the price is not able to buy above area 0.93827, which is the identified resistance point . In this case l'm expecting price to make a small rally towards our resistance point and then we place short entry upon confirmation .Cheers.

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