AUDCAD Bottom in Place? | Forex Forecast for November 21, 2019

Share it with your friends Like

Thanks! Share it with your friends!


The AUDCAD remains indecisive below 0.9100. However, the downtrend that began in April has stalled some following the September bounce. Is the recent price action indicative of a bottom? Watch today’s video to find out what I think.


Subscribe to Justin’s Channel Today:

AUDCAD Bottom in Place?

Need help with your trading? Join DPA today!

Get Justin’s New York Close Forex Charts:

On November 13, I pointed out a possible bullish scenario developing for the NZDCAD.

We were watching for a break above the 0.8500 confluence of resistance for a move into 0.8640.

As you can see, the pair is well on its way.

There is also a second Canadian dollar pair that’s starting to look promising.

The AUDCAD may not be as clean as its NZDCAD counterpart in terms of its technicals, but the bottoming pattern is intact nonetheless.

Continue reading on the blog…

Subscribe: to learn more Forex tips and strategies.
Get free Forex setups:
Read more on my blog:

#AUDCAD #Forex #ForexForecast

Disclaimer: Any Advice or information on this website is General Advice Only – It does not take into account your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this site you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general advice provided here by Daily Price Action, its employees, directors or fellow members. Futures, options, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, spot forex, cfd’s, options or other financial products. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any material on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

High Risk Warning: Forex, Futures, and Options trading has large potential rewards, but also large potential risks. The high degree of leverage can work against you as well as for you. You must be aware of the risks of investing in forex, futures, and options and be willing to accept them in order to trade in these markets. Forex trading involves substantial risk of loss and is not suitable for all investors. Please do not trade with borrowed money or money you cannot afford to lose. Any opinions, news, research, analysis, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information. Please remember that the past performance of any trading system or methodology is not necessarily indicative of future results.


Justin Bennett says:

Thanks for stopping by! Subscribe here: to be the first to watch new Forex videos, and leave your comment below. 🙂

tel says:

Best analysis on Youtue are from Justin. I am learning a lot from him. Thanks a lot.

dragon tyber says:

thank you! Looking forward for your more videos..

Papa Nabri says:

Awesome. Now we wait like sniper in the bush.


Hi Justin!
Do you use guaranteed stop loss (GSL) to prevent losing all the capital due to the gaps or slippage?

Write a comment