AUDCAD-SELL strategy 6-hourly chart GANN SQ
The pair did not manage to hold above 0.9060 as I initially believed it would. Now we are solid below that, and there is ample room towards 0.8913. The pair is not oversold as yet and negative stochastic, MACD etc does not bode well short-term.
The tonight's decision BOC may provide strength to the CAD, it feels.
Strategy SELL @ 0.9015-25 area and take profit at 0.8960 for now.
The tonight's decision BOC may provide strength to the CAD, it feels.
Strategy SELL @ 0.9015-25 area and take profit at 0.8960 for now.
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