It looks like the Aussie dollar is preparing itself for a bearish outlook. The Aussie is set to weaken against most of the currencies including USD, JPY, CAD.
In the chart below, we have AUDCAD with a bearish Wolfe wave outlook.
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AUDCAD - Bearish Wolfe Wave |
Trade Recommendations
Pending SELL Order
SELL at 1.0628
S/L: 1.072
TP: 1.05
Expected Time: 5th April, 2013
Conclusion
Trade Closed @ 1.05853
Net P/L:
42.7 Pips
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