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Australian Dollar/Canadian Dollar
Short
May 14, 2024
AUDCAD - Breakdown incoming
3
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Price has been stuck in range for the past week and is likely to break lower soon.
Aussie is bearish across multiple pairs, and I think taking any pair should do well.
I would like to see a break of the range and some consolidation before impulsive move lower.
If price snaps back into range, then close it, as a retest of the high is possible.
Good luck!
rookiyong
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Elliott Wave
rookiyong
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