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LukeMifs87

AUD/CAD Long outlook

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
LukeMifs87  
FX:AUDCAD   Australian Dollar/Canadian Dollar
Technical Indicators
3
1
indicator
Fundamental: AUD (COT) Commercials are long the Australian dollar vs CAD (COT) Commercials are short the Canadian dollar
Technicals: Trading a 3std below 200 SMA on D1 chart

Strategy: 3:1 Risk/reward ratio, Target profit around the 1std above 200 SMA

Conclusion: Longterm trade
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