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AUDCAD reversal in a range or continued downtrend?
Australian Dollar/Canadian Dollar
AUDCAD reversal in a range or continued downtrend?
By ezachbell
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Nov 26, 2021
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Nov 26, 2021
Two trading opportunities are present on this pair. If Price persists below the previous low, a weak but present downtrend offers a short opportunity.
If price reverses notably however, previous highs offer clear resistance to long positions.
Support and Resistance
Trend Analysis
ezachbell
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