Ideas Gurutrade

AUDCAD Down trend by tradersmith for May 11, 2017

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AUDCADH1

The daylight candle has opened below 1.0075 indicating a downtrend. Support Levels: 1.0025, 0.9996, 0.9950. Resistance Levels: 1.0105, 1.0150, 1.0180. After correction attention should be drawn to sales. Set take profits at the support levels considered above.


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