AUDCAD: Aussie bombing, Oil prices rising
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Aussie is performing really badly and though CAD suffered on Friday due to the unemployment data, I think it will show strength due to the rising price of oil (which looks set to continue).
We're in a bearish downtrend that I can't see stopping soon, so looking for shorts around 0.882 - 0.885.
We're in a bearish downtrend that I can't see stopping soon, so looking for shorts around 0.882 - 0.885.
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