Good AUDCAD Sell Opportunity At The End of The Cycle

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Good AUDCAD Sell Opportunity At The End of The Cycle

We have a good AUDCAD sell opportunity at the end of the cycle. Daily cycle appears to be nears its end and I’m looking to short the pair as long as the last high is holding.

AUDCAD Daily Chart:

Good AUDCAD Sell Opportunity At The End of The Cycle

I want to see a breakout below 1.0210 to consider this sell. A more aggressive protection will be placed above 1.0250 and to be more conservative you can place the stop loss above the last high.

AUDCAD H1 Chart:

Good AUDCAD Sell Opportunity At The End of The Cycle

Target 1 – 1.0110
Target 2 – 1.0017

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Yours

Vladimir

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