AUDCAD  Doing the slow dance higher

AUDCAD Doing the slow dance higher

One of those ‘slow burn’ cross trades attempting a shimmy higher. helped along by weakness in the CAD side at the time of writing . The inverse head and shoulders has broken¬† – So decent risk reward here with the first target at the 0.9770 area....
AUDCAD  Long trade update and some turkey

AUDCAD Long trade update and some turkey

While our American friends sleep off the turkey and we give thanks to them for bringing the market to a crawl for another year (sarcasm). Gives me time to reflect on my AUDCAD trade. I’ve had plenty of time to reflect since yesterday and I really should have...
AUDCAD  Big level approaching

AUDCAD Big level approaching

Taking a look at one of the lesser crosses and attempting to place any fundamental bias to one side – AUDCAD could have a tale to tell . We are fast approaching a big level here as we are within a hairs breath of the 61.8% (yet to be challenged) fib of a very...

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