Friday, September 13, 2013

AUD CAD UPDATE: FRIDAY 13/09/2013. 16:04HRS

AUD / CAD:

There has been no change.

I am short from 0.9560 with 0.5% exposure.

The stop loss is at 0.9590 or 0.25% risk.

Price is at 0.9550. Price is still to close to the entry to move the stop loss to break even.

Looks like I will have to hold over the weekend.

I will try to push the stop if there is a little more selling before the close at 22:00hrs.

Big week next week with the Fed Meeting.

I will be looking to get involved on any crosses that take place.

In the mean time have a great weekend.

Chart below:

 

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