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FahimLatif
Jun 16, 2019 7:16 PM

AUDCAD good buy opportunity Long

Australian Dollar/Canadian DollarFXCM

Description

The pair can't break one of the lowest S/R levels (Grey area), giving us a nice divergency in the RSI.

That pullback after the harmonic pattern and the strong rejections (see the daily candlestick wicks), suggests me the pair will climb to 61.8 fib, where the weekly trendline is located.

Australian Dollar bullish overall.
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