Fundamental analysis

Trading tips for AUD/CAD

invest on stocks

analytics635b80689dfbb.jpg

The previous trading plan in AUD/CAD talked about opening a set of buy limits in the pair.

Plan:

analytics635b898f760a2.jpg

Yesterday, during the Asian session, quotes reached 0.88200, which allowed the closing of these positions.

Development:

analytics635b7df83e236.jpg

Congratulations to those who followed the strategy! The pair moved by as much as 1,000 pips.

To those who have not closed their positions, there is still a chance at current prices.

The trading idea was based on the “grid trading”, which is usually used on cross rates

Good luck and have a nice day! Don’t forget to control the risks

The material has been provided by InstaForex Company – www.instaforex.com