Description of Chart:
After last weeks volatility AUDCAD got down to the 0.9500 area which has proven to be resistance on a number occasions we have bounced back quite strongly. There is a potential opportunity to buy the AUDCAD pair depending on where it opens tonight. If we can get an open AT/OR below 0.9704 I will be a buyer looking to reach the target of 0.9800 which has also been an interesting level for traders in the past.
Website: www.lukelehepuu.com
Take a look at my website. If you ever have any questions about trading you can become a member to get access to the live trading room where we talk about trading 24 hours of the day, even the weekends (some of us just love trading that much).
After last weeks volatility AUDCAD got down to the 0.9500 area which has proven to be resistance on a number occasions we have bounced back quite strongly. There is a potential opportunity to buy the AUDCAD pair depending on where it opens tonight. If we can get an open AT/OR below 0.9704 I will be a buyer looking to reach the target of 0.9800 which has also been an interesting level for traders in the past.
Website: www.lukelehepuu.com
Take a look at my website. If you ever have any questions about trading you can become a member to get access to the live trading room where we talk about trading 24 hours of the day, even the weekends (some of us just love trading that much).