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Australian Dollar/Canadian Dollar

AUDCAD - Horizontal Level

By AlkalineFX
We are coming up to test a key horizontal level that is going to collide with the descending trend line. This is a crucial level to monitor because we will either see a serious rejection from here with continuations to the downside or a breakout to the upside.

According to COT Data Source - 78% short
audAUDCADaudcadlongaudcadshortTechnical IndicatorsTechnical AnalysisTrend AnalysisWave Analysis
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