AUDCAD LONG TERM DOWNTREND

2015년 3월 9일

While trading below 200D moving average, AUDCAD bounced off the downtrend trendline and at the same time broke below an uptrend trendline. Everything looks very bearish for mid to long term. I'd consider first target near the recent low around 0.96, and if broken, net target would be 0.93 area.