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Short

AUDCAD CORRECTING DOWN

FX:AUDCAD   Australian Dollar/Canadian Dollar
90 1 3
AUDCAD             clearly moving within the ascending channel . Recent bounce of the top of the channel suggest a correction down towards 0.9525 area. Cycle analysis indicates that corrective wave could end on the 18th of May.
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it seems that the cycle that supposed to be buying, will be a selling cycle
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