AUDCAD in resistance bearish channel right now,. its a good ide to follow bearish channel with target 0.9781 *note : careful at news release AUD Reserve Bank of Australia Rate Decision (AUG 01)
Open short : 1.0037 Stoploss : 1.0115 (or use your money management rules Take profit : 0.9777 Profit in point : 258 pips
Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.