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Hokusai_FX
Jul 31, 2023 4:26 PM

AUDCAD Analysis 31July2023 

Australian Dollar vs Canadian DollarPepperstone

Description

Upon examination of the bearish channel formed a few months ago, there appears to be a flag pattern in the current price which could indicate a possible reversal. It is expected that prices will remain within a narrow range in the coming weeks. With this analysis, we can pursue scalping with a relatively low level of risk.
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