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UnknownUnicorn200545
Dec 11, 2015 4:01 PM

Entering the long term trend Short

AUSTRALIAN DOLLAR / CANADIAN DOLLARICE

Description

The AUDCAD is in a long term term downwards trend on the weekly chart.

As we see rejection on the 200 MA, and reach the top of our downwards trending linear regression channel, it is a reasonable time to enter a short.
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