AUDCAD experienced a significant surge following the news. We are currently anticipating a correction. We have taken a long position, and if the price returns to the specified level, it will be a profitable trade. The trend has become evident, and we expect it to continue. Due to the surge in Australian gold, AUDCAD is also likely to rise.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.