SusmitBanerjee

AUDCAD Short Term Mixed Sentiment

FX:AUDCAD   Australian Dollar/Canadian Dollar
The pair witnessed a sharp fall since past 2 consecutive trading weeks after posting a high of 1.02434. Going ahead, prices are likely to hold above 0.9830 on further weakness and likely to trade mixed in the coming week.
The pair have extended 100% fibo extension of its previous leg and have turned down sharply. Although I was expecting a pullback ahead of the final leg upside which I have projected in my previous update but that didn't happen.
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