Quotes of the currency pair Australian Dollar to Canadian Dollar AUD/CAD continue to decline and are currently trading at 1.0057. The pair continued movement as part of the development of the head and shoulders reversal pattern. The aim of the fall is the area at the level below 0.9890. In favor of the fall, a dense test of the broken triangle model on the relative strength indicator will perform.
AUD/CAD Technical analysis on April 10, 2017
The cancellation of the reduction of quotations of the AUD/CAD pair will result in strong growth and breakdown of the area of 1.0250. Expect to accelerate the fall is with the breakdown of the area 1.00. AUD/CAD Technical analysis on April 10, 2017 involves an attempt to fall below 0.9890 as part of the completion of the head and shoulders reversal pattern.
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