AUD/CAD TDA
We are low on the monthly curve. If monthly demand gets reached and starts holding there is a lot of space to the upside.
The weekly is in a downtrend, momentum is down. I notice that there is nothing of quality supply formed on the weekly chart.
So profit margin to the upside is very good. If monthly demand gets reached I will look at the daily for buy opportunities. On the daily there are some SZ's in the way.
Have a great 2017!
We are low on the monthly curve. If monthly demand gets reached and starts holding there is a lot of space to the upside.
The weekly is in a downtrend, momentum is down. I notice that there is nothing of quality supply formed on the weekly chart.
So profit margin to the upside is very good. If monthly demand gets reached I will look at the daily for buy opportunities. On the daily there are some SZ's in the way.
Have a great 2017!