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  • AUD/CAD Struggles To Break Parity 0 comments
    Nov 7, 2013 9:16 AM

    As the pair retests its strong psychological and parity level of 1.00, it is also important to note that 0.97 is still the 2nd untested sell-side Scalar retracement level on the 100-pip scale. If indeed it breaks parity, which currently forms the 3rd untested sell-side Scalar retracement level, we can expect a very high probability that it will be retesting it again - a good short to mid-term short (sell) position. SEE CHART HERE.

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