AUD/CAD: APPROACHING A POTENTIAL REVERSAL ZONE

5 Tem 2016

AUDCAD is currently in a symmetrical triangle, if the price breaks out to the upside, we are looking to short once it gets to the reversal zone, there we have a 618 fibonacci retracement plus a 1.272 extension in confluence with a very nice Supply/Demand Structure Point.

Remember: Eyes on your mind not on your trade

CORTES TEAM