Commodity FX see bullish break from multi-week ranges – ForexLive

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Commodity dollars – CAD, AUD, and NZD – are flexing their muscles against the greenback, tracking Monday's recovery in oil prices. ForexLive's Ryan Littlestone informed Tip TV viewers that commodity currencies like AUD have witnessed bullish breakout from multi-week ranges and traders/investors should not go against the trend. While having a detailed look at USD/CAD chart, Littlestone noted about the pair gyrating 1.29 levels and cited 1.2670 as a strong level whereby fresh bids could be

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