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Friday 7 August 2015

AUDCAD Trend & momentum 7-Aug-2015

AUDCAD has been upward trend since last interest rate decison by RBA. On the other side, CAD had been weaker againt other currencies after the unexpected rate cut with concerned statistical figure last month.

In the mean time, the trend and momentum indicates AUDCAD will be downward trend in a coming week, implying bounce back from the upward trend.



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