AUDCAD Technical Analysis

Hello Price Action Traders.

AUD/CAD

The AUD/CAD today has reached an important support level at 1.00326, an area that has been tested in May.  In the daily chart 200 simple moving average maintains a bullish slope. I would look for a bounce on the support level but CAD GDP data is going to be released today and this could bring the pair down, so I recommend taking decisions after GDP data. 

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Luigi, professional trader member of HereForexNaked.com

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