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Dynablos

AUDCAD bounces from triangle support.

Long
Australian Dollar/Canadian Dollar (FX:AUDCAD)  
Dynablos  
FX:AUDCAD   Australian Dollar/Canadian Dollar
0
0
Pair bounces from strong support .Bullish engulfing candle.I am expecting move up to 61.8 and 200 DMA. There is no need to risk much below trendline. Trade looks solid, considering:
1) RBA didn't cut rates today.
2) Canadian economy looks weak.
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