[B]My picks:[/B] Stay Short AUD/CAD
[B]Expertise:[/B] Fundamentals Combined With Technicals
[B]Average Time Frame of Trades:[/B] 1 Day - 1 Week
My picks from last Friday almost immediately went again me, as I was looking for a bearish break in AUD/NZD and a bullish one in USD/CAD, and of course they both went in the opposite direction.
However, my pick from the Friday before is still valid, as I was looking to sell AUD/CAD on a daily close below 0.8853. I am staying short the pair with a stop above 0.8940, with enough space allowed for any widening of the spread during low-liquidity hours. Potential targets include the 200 SMA at 0.8559 and the 50% fib of 0.7726-0.8939 at 0.8330.