In this video, we present the most likely path for AUDCAD Forex pair for the next few week and even months to come. Pair is showing an incomplete 5 swing sequence from the peak in 2012 (1.0783) and as bounces fail below 12/31/2015 (1.0171) peak, pair is expected to make another swing lower towards 0.8960 – 0.8402 area before strong buyers appear in the market. Afterwards, pair would resume the rally to a new high above 2012 peak (1.0783) or make a larger 3 wave bounce at least to correct the cycle from 2014 peak (1.0349).
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