AUDCAD / H4 / Daily Forex Technical Analysis / 6.26.2019

26. Juni 2019

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 26th, 2019 and we will be taking a look at the Australian Dollar against the Canadian Dollar. We are currently looking for price action to have a minor pullback into its previous area of support near the .91 region. If we do get a pullback and it holds at this area we would be looking for an optimal entry for a profitable long trade. Entry for a Long position near the .91351 area, with a Stop Loss near the .91031, with a target profit level area of .92215 to ensure a profitable trade with a 2.70 to 1 R/R.