Reason for Selling AUD/CAD :

As per our Previous Analysis on AUD/CAD, Market forms a Double top pattern on Daily Chart. it shows that, market is in downtrend.

However, We Expect today the “Positive” Result on Canadian Employment Change report of March.

Finally, Result came in Positive, CAD becomes stronger and market starts to move down.

This is the reason for Selling AUD/CAD pair today.

AUD/CAD Double Top Formation on Daily Chart confirms the reversal and it went down more now.

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