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AUD/CAD Uptrend Continues

AUD/CAD Uptrend Continues

Thomas Long, Course Instructor

This pair offers a way to take advantage of the strong AUD without having exposure to the USD ahead of US elections on November 2nd. Those election results could cause volatility in the markets and uncertainty up until the results are final. I would continue to look for buys on this pair as long as the market remained above the .97869 low noted on the chart.

AUDCAD_body_70672d1288103036-trend-day-audcad-1026.png, AUD/CAD Uptrend Continues

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.