AUD/CAD Signal May 28, 2012

Currency: AUD/CAD
Trend Expected Direction: UP
Method: Ichimoku, Technical Analysis
Description: AUD/CAD broke the ascending trend-line and managed to stay above the kumo. H4 chart suggests that the price may head to previous s/r level at 1.0200.
Recommendation: Long
Target Area: 1.0185
Stop-Loss: 1.0020

AUDCAD Signal 52812

Alp Kocak
Alp Kocak has been trading Forex since 2003. He writes technical analysis based on Japanese candlesticks and Ichimoku Kinko Hyo.