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Australian Dollar/Canadian Dollar
Short

AUDCAD: Pullback From Key Level 🇦🇺🇨🇦

By VasilyTrader
Updated
snapshot

Update for AUDCAD.
As you remember I am very bearish on the pair.
For a couple of days, I was looking for a confirmation to sell.

On Friday the price reached a strong horizontal resistance level.
On that, the price formed a double top formation and broke below a support line of a rising wedge pattern.

The pair will keep falling.
Initial target - 0.906

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