Daily Wave Rider - AUDCAD SELL

AUDCAD

Channel: RED
WK Pivot: RED
AOB: WP
CON: SBB


SELL Stop: 0.86740
Stop Loss: 0.87410
TP01: 0.86070


DWR present as a sell setup on 18SEP, with Channel and Pivot are red bouncing off weekly pivot.

However, trade is not taken/considered as it differs from our Market Analysis Bias.

SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: BUY

Reference to our WK38 analysis, we are anticipating a "Risk-On" sentiments thus will BUY AUD/NZD.