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AUD/CAD broke above parity

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  • AUD/CAD broke above parity
  • Next buy target - 1.0200

AUD/CAD continues to rise inside the sharp upward impulse wave 3 which previously broke above the parity. The active minor impulse wave 3 belongs to the intermediate impulse wave (C) from the start of February. AUD/CAD is expected to rise toward the next buy target at next resistance level 1.0200 (which stopped the earlier sharp upward correction 2 at the start of June).

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