As per my previous AUD/CAD analysis, the pair corrected to 50% Fibs (0.9975) applied to the channel breakout point providing a good opportunity to buy this pair. Consider holding long position to target either 23.6% (1.0060) or 0% Fibs (1.0140). The stop loss should be just below 61.8% level (0.9935)
Support: 0.9975, 0.9935
Resistance: 1.0015, 1.0060, 1.0140
From www.instaforex.com http://ift.tt/2cTMFWA
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