AUDCAD

٩ أغسطس ٢٠٢٠

i predicted a possible head and shoulders last week and now we can see the head and shoulders playing out on the 4hr. Canadian job numbers were good on friday, i see Canada recover quicker fundamentally, aud on the other hand is dealing with new lockdown of some areas, china and America are having tensions in their relationships and this can affect aud. Moreover most of the up move in Aud was fed induced, i see regular down move soon. wait for sell candles and sell to the 0.5 fib zone which aligns with the 4hr demand zone.