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JoeChampion

AUDCAD Bull Flag

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
JoeChampion  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Technical Indicators Beyond Technical Analysis AUDCAD aud CAD buy LONG Bullish Patterns Technical Analysis Contains image
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trendanalysis indicator beyondta audcad aud cad buy long bullish technicalanalysis containsimage
Hey Traders, In today's trading session, we are monitoring AUDCAD for a buying opportunity around the 0.89300 zone. AUDCAD has formed a bull flag and currently appears to be in a correction phase, approaching the flag support at the 0.89300 support and resistance area. I would also take into consideration the bullish bias in the indices due to the positive correlation between stocks and AUDCAD pairs.
Trade safe, Joe.
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