Dolar Australijski/Dolar Kanadyjski
Long
Zaktualizowano

AUDCAD Higher

86
I like AUDCAD higher here.

nice double bottom here and symmetry for the move up and down from this level.

AUD/CAD rate differentials have been moving higher for a while but the pair has been unable to benefit from this due to a fall in risk assets and commodities. For the time being we've had a bit of a small relief rally in some commodities and in risk so i think this may be a good time for AUDCAD to try moving higher. The narrative of recent has also been due to global growth worries and china covid worries, covid cases have been falling so this should help as well.

I am bullish AUD and CAD for a short period but since AUDCAD is more so a proxy to AUDUSD i think it still makes sense.

Not trading/investment advise, feedback welcome!
Uwaga
think you take this out here, don't see it going too much higher

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.