Tuesday, August 5, 2014

AUDCAD Trading Signal - August 5th 2014
















AUDCAD rallied into resistance zone and I'm entering my short position as I think it will go down and reach the support level. I'll enter a long position once again when we reach the support level, but for the next few days I expect forex traders to take some profits after a good rally. Forex traders should have multiple entry points.

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