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Sam_Eder
Jun 20, 2019 5:57 AM

AUDCAD - Data Divergence Inspires Shorts! Short

Australian Dollar/Canadian DollarFXCM

Description

RBA Gov Lowe came out and said that it is "not unrealistic"
to expect a further cut to the RBA's cash rate.
We like playing AUD weakness against recent CAD
strength, after a splendid CPI beat yesterday.

Prefer pullbacks to get aboard, towards the short-term
resistance because the main target is close.
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