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Australian Dollar/Canadian Dollar
Long
Updated

AUDCAD BUYING OPPORTUNITY AS THE PAIR ENDS THE WEEK UNDECIDED

70
Trading week ended in undecided whether the bears should continue dragging the currency pair down or bulls should start taking the pair upward. Next week will be an interesting runs for AUDCAD.

A risk/reward of 1:3 could be in play. However, in other to achieve this, resistance at 0.90295 and 0.91000 needs to be violated by the bulls to push the pair to profit target at 0.91880.

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