Hi traders, I have seen this flag more than a year ago and I was waiting it. I think it will go down as fast as possible. So do not wait bigger pullbacks. thank you guys and good luck in your trading career.
I think USDCAD is moving down to 1.20 level in correction phrase. And it would be supported its 200MA. The pair moved down from 16/01/20 to 16/05/02 about 3 month of continues active moving. And then it went through 8 month long ending diagonal. Lastly, it penetrated yesterday. But there is no trade set up yet.
Hi Traders, I am trading Audnzd to up move now on. If we look at the chart, there is long time consolidation is getting over now. And there is divergence in MACD(12.26.9) indicator lately. Aud is named commodity currency especially Coking coal price is remain tight. in 4 hour, there is down trend is penatrated and remain consolidating. Thank you for reading
GbpAud is well supported 50%Fib level from 03/15/13 to 08/28/15. Now the weekly trend will support and price support is around 1.8650. GBP referendum is not likely exit from the EU. Since it creates tension among traders.