AUDCAD neutral

AUDCAD repeats the cycle

18 January 2022 429
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According to the RSI, the AUDCAD pair reversed after the achievement of the overbought zone, as it has already been thrice for 6 months. Now the price is moving down to the preceding minimum of 0.897, and the RSI is close to oversold. Will the cycle repeat for the fourth time? 

This content is for informational purposes only and is not intended to be investing advice.

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