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AUDCAD is currently testing a level of 0.8983. Will the breakout continue or will things reverse?

AUDCAD has broken through 0.8983 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, AUDCAD may be heading towards 0.9017 within the next 3 days.

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V is approaching 338.0450. We expect either a breakout through this line, or a rebound.

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