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AUD/CAD possible short

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FX:AUDCAD   澳元/加元
Technical Analysis:

Relative Strength Index: the pair is somewhat overbought, it can be expected to reach even higher on the RSI as the market stays bullish. This further supports the a possible short (sell) opportunity.

MACD (moving averages): MACD has stayed close to the pairs candle sticks, we would like to see a further separation between the MACD line and the candle sticks, before we can conclude that MACD supports a sell opportunity.

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