Fundamental: AUD (COT) Commercials are long the Australian dollar vs CAD (COT) Commercials are short the Canadian dollar
Technicals: Trading a 3std below 200 SMA on D1 chart
Strategy: 3:1 Risk/reward ratio, Target profit around the 1std above 200 SMA
Conclusion: Longterm trade
Technicals: Trading a 3std below 200 SMA on D1 chart
Strategy: 3:1 Risk/reward ratio, Target profit around the 1std above 200 SMA
Conclusion: Longterm trade