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New AUD/CAD Big Trade Orders 03.28.2016 +50
3/30 – Profit target hit
3/29 – AUD/CAD Big Trade – Set a Profit Target of 0.9990. The pair seems to be struggling with crossing parity
3/28 – Order to Buy AUD/CAD at 0.9940 Triggered
New AUD/CAD Big Trade Orders
Place Order to Buy AUD/CAD at 0.9940
Stop at 0.9740
We are recycling our AUD/CAD trade. In our Monday Game Plan webinar we said we would be buying NZD/CAD but upon further thought, we’ve got more potentially positive AUD data this week than NZD data and we need data on our side to push the trade in our direction. The improvement in business confidence in Australia and the persistent strength of gold should keep AUD bid. CAD on the other hand deserves to be trading lower given the pullback in oil prices and the potential for a top in the commodity. We’re looking to buy a brief pullback in the pair for another run towards 1.00.