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JoeChampion

AUDCAD Break out and potential retrace

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
JoeChampion  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Beyond Technical Analysis Technical Indicators AUDCAD aud CAD buy LONG Bullish Patterns Technical Analysis Contains image
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trendanalysis beyondta indicator audcad aud cad buy long bullish technicalanalysis containsimage
Hey Traders, AUDCAD was trading in a downtrend but then successfully managed to break out the trend and seems to be in a correction phase. if we get a decent pullback i will be monitoring a potential retrace of the trend around 0.908 support and resistance zone. keep an eye on american indices too as they do correlate positively with the AUDCAD pair
Trade safe, Joe.
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