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Sell AUD/CAD

Sell AUD/CAD

Joel Kruger, Technical Strategist

The cross has just stalled out shy of the critical October record highs and looks like it could be on the verge of rolling back over in favor of some decent downside. While at this point it is premature to call for any meaningful top, shorter-term studies do support the idea for a lower rate at least over the oming days towards the 1.0200 area. Above 1.0670 negates.

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