Forex_Trading_HQ

AUDCAD Scale Into Short Trade

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
Now might be a good time to scale into the AUDCAD short trade.

It looks like price has re-tested the support/resistance line and will be looking for bearish momentum from here.

Waiting for the next 1H candle close.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.