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Add as a preferred source on Google FxWirePro: AUD/CAD finds major resistance at 1.0350, break above to see further upside Our medium term-outlook for the pair as given in the below-mentioned call has reached target levels. (http://www.econotimes.com/FxWirePro-AUD-CAD-medium-term-outlook-256313) The pair now finds major resistance at 1.0350 …
By FxWirePro Team Nov 10, 2016, 7:23 AM UTC
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Our medium term-outlook for the pair as given in the below-mentioned call has reached target levels.
(http://www.econotimes.com/FxWirePro-AUD-CAD-medium-term-outlook-256313 )
The pair now finds major resistance at 1.0350 levels. Breakout above could see further upside.
Technicals studies are bullish, supportive for further gains, we see scope for test of 1.0450.
Expect some consolidation around 1.0350 levels.
Recommendation: Good to go long on a decisive breakout above 1.0350
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