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Australian Dollar/Canadian Dollar
Short

Does AUDCAD Drops down strongly on next weeks?

By yinfire
Updated
AUDCAD

Here is my analysis for the direction of the pricing in the next weeks. If I correct, need 1 - 2 weeks to reach Take Profit 1 and around 2 - 3 months to reach Take Profit 2. Incase I wrong, maybe the price will reach Stop Loss during the 1st week of June (Maybe today or tomorrow). Keep following up and share with me your opinion about this currency.
Trade active
Trade closed: stop reached
Unfortunately, the pricing reached Stop Loss :) I need to consider the moment for the next Short Setup.
AUDCADforecastingtechniquesFundamental AnalysisMultiple Time Frame AnalysisshortsetupSupply and Demand
yinfire

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