Hello,
In the last few days I am closely watching AUDCAD. In my opinion the bears are running out of steam and good opportunity to go long is just around the corner. Currently, it trades around 0.99 and I believe 0.98 is really great value. It is not that it can't go below but if you are able to keep the position for 3-5 days it can pay you nicely. Unfortunately, I cannot show this on the graph at the moment as server is down. Nevertheless, I will keep my eye on this pair and maybe will get something out of it.
Good luck all,
Mindaugas
In the last few days I am closely watching AUDCAD. In my opinion the bears are running out of steam and good opportunity to go long is just around the corner. Currently, it trades around 0.99 and I believe 0.98 is really great value. It is not that it can't go below but if you are able to keep the position for 3-5 days it can pay you nicely. Unfortunately, I cannot show this on the graph at the moment as server is down. Nevertheless, I will keep my eye on this pair and maybe will get something out of it.
Good luck all,
Mindaugas