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akhostov
Feb 5, 2015 5:30 AM

Bearish on AUDCAD with Descending Triangle Short

Australian Dollar/Canadian DollarFXCM

Description

Found an interesting Descending Triangle on AUDCAD. It currently has come back from hitting structure (previous support now resistance). I am looking for a short term drop down to 0.96622 and a descending triangle target at 0.94976. Great part is these targets match with previous structure.

Trade wisely, Trade responsibly.
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