AUD/CAD – Canadian dollar bulls continued to push their Australian dollar counterparts lower as price action stalled around .8650, a level established by the combination of the 20-day and 50-day SMA’s. As AUD/CAD breaks lower, a move by the Loonie longs will most likely see the AUDCAD head below the psychologically important .8500 handle and test the Australian dollar bids around .8474 a level
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