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rksagu
May 12, 2020 12:59 PM

AC Weekly Analysis Short

FX:AUDCAD1W
Australian Dollar/Canadian DollarFXCM

Description

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Weekly display shows a gradual but clear downtrend, likely to continue. Price found resistance at 0.91262, and has been bouncing off it over the past 8-9 months. I predict another bounce away from resistance over the course of May-20.
Trend Analysisaustraliandollarcanadiandollar
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