Australian Dollar/Canadian Dollar
Education
Updated

AUDCAD Hitting a Strong Resistance

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AUDCAD Has been moving Between Support, Resistance and Consolidation Zones this past week. Giving nice legs to the up and down side. We are currently at a strong Resistance level, could we finally see it being broken, or will it hold and give another move down?

Have a look at the link, as Philip Explains it.
Note
After the Resistance has been hit, we can see that it is now creeping its way back down to that Consolidation Zone, lets wait and see if it reaches.

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