Reason for Buying AUD/CAD :

As per the technical analysis, AUD/CAD starts to reverse from the bottom zone 0.9600

AUD/CAD broken the recent top level 0.9750 and re-tested the breakout level again.

Finally, market starts to continue it’s upward movement with more number of buyers.

This is the reason for Buying AUD/CAD.

However, due to lack of movement and liquidity in the market, AUD/CAD keep moving up and down between the small ranges for more than 2 days.

As per our signal guide, if market doesn’t hit the target 1 within 2 days. we recommend our members to close the trade.

If there’s lack of liquidity in the market, Please don’t hold the trade for long time. Use trailing stop (or) close the trade at our Entry price levels.

The signal was expired.

Finally, AUD/CAD trade was closed at our entry price levels.

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Forexgdp Team.

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Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

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