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AUDCAD: Will the Trendline Hold or not?

OANDA:AUDCAD   Australian Dollar/Canadian Dollar
The Bulls are trying to break out from the long descending Channel. The trend is still below the 100SMA, can we have a bearish reversal or will this trend be broken? keep dem eyes open, If the trend is broken it will be riding the boat' toward the nearest Target. If the trade goes either ways, be ready to catch some few pips.
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