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AUD/CAD broke resistance zone

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  • AUD/CAD broke resistance zone
  • Next buy target - 1.0000

AUD/CAD continues to rise after the earlier breakout of the resistance zone lying between the key resistance level 0.9000 (which has been steadily reversing the price from the middle of September) and the 61.8% Fibonacci correction of the previous sharp intermediate impulse wave from August. AUD/CAD is expected to rise further toward the next buy target at the next resistance level 1.0000 (top of the earlier correction 2 from August).

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