Current Balance: £50,000

Open Positions:   None

Watchlist:            AUD/CAD

I've added AUD/CAD to my watchlist as per the below chart.....

Note the barrier of resistance and previous support around the 1.03000 level. As it approaches that level I'll look for either a bounce back down or a breakout to the upside. There's no clear trend on this market so i don't have any directional bias. Price action will let us know which way it wants to go, but until it does, we'll just have to sit and wait for this one to develop.