AUD CAD



Aud cad trend direction remains uncertain as the uptrend moves in mkt is strongly influenced by crude oil price and Canadian dollar and in recent weeks the US dollar has stumbled and crude oil prices have shown slightly more stability which has created a pullback , If the US dollar continues to weaken Aud cad may continue downtrend and on the other hand if crude oil continues it entrenched bearish trend Aud cad will resume uptrend .From trend point of views the monthly time frame is bearish while the weekly time frame is bullish and the daily time frame is bearish with price trading below tenkan sen / kijun sen weak bearish cross.price projection 1st of April 2016 at 1.0000





ICHIMOKU TREND ANALYSIS

monthly bearish mkt
weekly bull trend
daily bearish trend

price target at 1.0000




TECHNICAL AND TREND VIEWS


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