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lukelehepuu
Jun 26, 2016 11:56 AM

AUDCAD *SMALL 100 POINT IDEA* Long

Australian Dollar/Canadian DollarFXCM

Description

Description of Chart:
After last weeks volatility AUDCAD got down to the 0.9500 area which has proven to be resistance on a number occasions we have bounced back quite strongly. There is a potential opportunity to buy the AUDCAD pair depending on where it opens tonight. If we can get an open AT/OR below 0.9704 I will be a buyer looking to reach the target of 0.9800 which has also been an interesting level for traders in the past.

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Comments
WhiteWolfGang
Think it's still headed to Target?
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