FX:AUDCAD   Australischer Dollar/Kanadischer Dollar
427 1 10
Another interesting Aussie pair that is currently struggling to find new buyers to get price through this massive resistance cluster.

Last time AUDCAD             traded below the daily 20 SMA was back in June and every prior attempt to break the 20 SMA have been rejected. Those types of markets are great because so much buying pressure has built up during the trend that reversals are often strong and last for a long time.

The price alert is still below the daily 20 SMA and before price gets there, it's just a waiting game.
I am trading Forex for 12 years and 6 years ago I quit my corporate job to travel the world


> Introduction to my trading method:
http://tradeciety.com/rolfs-trading-strategy-webinar-join/

> Free blog: http://www.tradeciety.com/blog
Thanks Rolf, good reading time.
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