thillygoosth

Aud/Cad and aud/chf 1.236 fib extension

OANDA:AUDCAD   דולר אוסטרלי/דולר קנדי
Acad and Achf are at the 1.236 extensions along with pitchforks. If Acad gives small rejection and breaks out, you see the next level at the 1.618 fib extension. Is in uptrend, but can correct and there will be another large sell coming on this pair, I think it is only correcting, but can't say exactly when that will happen, would want it to look more corrective than it does, but there are the levels to watch. If it corrects off the 1.236 you can have a 50-62% retrace. However, audchf looks like the better choice with a more defined looking 3 wave structure, as I am a few pips on that sell scalp.

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