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Add as a preferred source on Google FxWirePro: 'Bullish Bat' pattern on AUD/CAD dailies, test of 0.96 likely "Bullish Bat" pattern completed on AUD/CAD dailies. Potential Reversal Zone: 0.9323 Bullish invalidation below: 0.9150 Target Price: 0.95/0.96/0.9775 Pair is currently struggling at 21-DMA at 0.9452, break above will see…
By FxWire Pro May 31, 2016, 6:41 AM UTC
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"Bullish Bat" pattern completed on AUD/CAD dailies.
Potential Reversal Zone: 0.9323
Bullish invalidation below: 0.9150
Target Price: 0.95/0.96/0.9775
Pair is currently struggling at 21-DMA at 0.9452, break above will see upside.
Recommendation: Good to buy dips around 0.9420, SL: 0.9320, TP: 0.95/0.9575/0.96
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