AUDCAD Offers One Of the Few Ranges In A Wave Of Breakouts |
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Many of the majors are taking the first steps towards a breakouts; and where the majors go, the crosses follow. Therefore, all range setups should be fundamentally and technically sound, while also keeping a short time horizon. AUDCAD fits the bill. Why Would AUDCAD Stay in a Range? Levels to Watch: -Range Top: 0.8190 (Trend, Fib) -Range Bottom: 0.7800 (Trend, Fib) Ranges that have established in the majors over the past two weeks are starting to breakdown, suggesting a shift in market
Filed under: Technical
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