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AUDCAD heading for weekly resistance

Short
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
MatrixBits Updated   
FX:AUDCAD   Australian Dollar/Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns AUDCAD audcadshort
4
0
trendanalysis indicator chartpattern audcad audcadshort
AUDCAD hitting strong weekly resistance as CAD has hit strong support. A better view can be provided by reversing the name and looking up CADAUD in the chart. Awaiting stronger confirmation as it may retrace temporarily to the resistance area.

AXY
CXY
CADAUD



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I am only a speculative trader and this is not financial advise on trades.

- If you are losing money close the trade

- Start with .03-.05 units and learn to manage risk

- Don't take profits too early cheers!


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