AUDCAD :: Head and Shoulder Pattern
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Technical : AUDCAD is in a reverse head-to-shoulder pattern, and once completed the pattern can grow as far as the distance from the head to the neckline.
Fundamental : I think because of the low interest rates in China as well as the good data in Australia we can hope for the growth of the Australian dollar.
Also, oil is likely to hit a price peak and a drop in oil prices could affect the Canadian dollar.
*** plz write ur Idea for me ***
Fundamental : I think because of the low interest rates in China as well as the good data in Australia we can hope for the growth of the Australian dollar.
Also, oil is likely to hit a price peak and a drop in oil prices could affect the Canadian dollar.
*** plz write ur Idea for me ***
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