Monday, October 14, 2013

AUDCAD Nears Channel Top Ahead Of RBA Minutes

AUDCAD has been trending higher since bottoming out at the beginning of August and a well-defined bullish channel can be seen on daily candlestick charts. The pair recently found short-term support around the 38.2% Fibonacci retracement (of the 2013 range) and faces potential resistance around the channel top which currently



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