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AUDCAD Oct-13 (1 day) - D1

In AUDCAD currency pair, we see that the price could not cross the price ceiling of several months at 0.97 and continue its upward trend. Based on this, we have drawn the price for the current price of 2 moving channels in red and orange. The price is currently moving within these channels. The price has hit the ceiling and floor of the canal several times. Our expectation is that the price will rise to 0.9615 by hitting the bottom of the channel to the top of the channel. But due to economic issues and news, if the price breaks and crosses the channel floor, it can fall to 0.8953.



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