Johanes

AUDCAD Bearish 0.9400-0.9200-09100 and Lower

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FX_IDC:AUDCAD   澳元/加元
The AUDCAD was turned to upward in short term but the RBA interest rate cutting to change the interest rate differential struccture and result the AUDCAD to turn to downward/bearish. The turning point at 0.9400 and will be bearish down to 0.9200-0.9100 and lower. Unless the interest rate differential structure not to be changed, the AUDCAD will be prolonged to dowwnward in medium term. Short trade is feasible to follow.
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