AUD/CAD Big Trade 03.23.2016 +60

by Kathy Lien

3/24 – AUD/CAD We closed the trade at .9788 +60 on the trade

3/23

AUD/CAD Big Trade Update – Set Target at 0.9988. There should be resistance at parity, so anywhere between 0.9988 and 0.9995 is a good exit. I’m also not around the actively watch the trade, so this is the recommended tactic for AUD/CAD

3/23 – Order to Buy AUD/CAD at 0.9928 Triggered

New AUD/CAD Big Trade Orders

Place Order to Buy AUD/CAD at 0.9928

Stop at 0.9728

Gold is the biggest beneficiary of the Brussels attack. AUD also up because RBA Gov Stevens did not say anything particularly damaging about the Australian dollar last night. Oil is also nearing a top. Uptrend in AUD/CAD intact

Swing