venckusarunas
Short

AUDCAD at moment of correction

FX:AUDCAD   Australian Dollar/Canadian Dollar
AUDCAD             price have broken the low of more over 1 year nad             got into rebound. This is a possible correction, as it has completed Elliot Waves 12345 trend swings. We can see Elliot Wave of correction ABC up to Resistance zone near Fibonacci retracement level 50% at price 0.94488. And after correction continuation down into Fibonacci extention levels with first target at price 0.9000.

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