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UnknownUnicorn200545
Dec 11, 2015 4:01 PM
Entering the long term trend
Short
FX_IDC:AUDCAD
1W
AUSTRALIAN DOLLAR / CANADIAN DOLLAR
ICE
Description
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Dec 11, 2015 4:01 PM
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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