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Australian Dollar/Canadian Dollar

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AUDCAD trade ideas

AudCad Trade IdeaAudcad is looking solid this week for some longs. There was a clean shift to the upside around 0.90600. Price ended last week with a push to the upside. I'll personally be looking for price to pullback and retest 0.90812. Looking at the daily time frame we may even see price pullback to 0.90600 before going long again. As long as price respects 0.90600 price would still be considered bullish. I'll personally be waiting on either move to happen with targets around 0.91300-400.
Long
by OfficialJ23
1
AUDCAD LONGM Bullish Consistent HH & HL, EMA cross to upside W Bullish Price above EMA (sidewards) From PM Doji H,HL, Potential HH to be printed D Pull back could have already played out at bounce on 38.2, however if price continues lower ill expect bounce on EMA at 0.50 Fib Price finding support at EMA's, EMA sitting just above 0.50 Fib potential small gap down on Sunday open, if price approaches 38.2 will wait for double bottom or bounce at 0.50 for Buy stop ICMARKETS:AUDCAD
Long
by MarlyForex1
2