khaled_FX

AUDCAD bearish head and shoulders

Short
khaled_FX Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
both AUD and CAD are commodity currencies and in past weeks AUD was performing better than any other currency ( YTD AUD is the best performer followed by CAD) but recently AUD is losing ground (this week it is declining vs most majors) but CAD is advancing especially after the hawkish BOC yesterday
for short term i will be bearish AUDCAD
sell from current price with target 0.92 SL 0.94
Comment:
SL could be moved to entry level

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