Given all the recent charts/info from various sources(market makers), I can't help but wonder what's really going on. With all the embellishment on not just our economic status, but around the world, I can only see one thing coming, a world economic down fall(I'm not a "doomsday prepr"). You can only patch things up for so long, before it's actual integrity will fail!
Anyway, back to the AUDCAD! I don't see a huge reversal, as the some are predicting. We haven't seen the 2012-2013 highs, since back in 2/2004, & even then, it took a down turn, & didn't rebound until 7/2010.
I am short to around 0.92508, then long to around 0.9800, then short again to around 0.8800(majors of support/resistance). Happy trading!
***This is only an opinion, use at your own risk! I am not liable for any losses you may incur.
*Information based on data provided by the AUDCAD day/week/month charts
Anyway, back to the AUDCAD! I don't see a huge reversal, as the some are predicting. We haven't seen the 2012-2013 highs, since back in 2/2004, & even then, it took a down turn, & didn't rebound until 7/2010.
I am short to around 0.92508, then long to around 0.9800, then short again to around 0.8800(majors of support/resistance). Happy trading!
***This is only an opinion, use at your own risk! I am not liable for any losses you may incur.
*Information based on data provided by the AUDCAD day/week/month charts
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.