AUD/CAD
The outlook remains bullish after the break above the short term resistance at 1.0475 last week with a short term target at 1.0589-1.06 (August 2012 top). A break above this resistance would accentuate the bullish potential in the medium term. Breaks below 1.0467 then 1.0413 would instead invalidate this scenario. Buy – Stoploss @ 1.0466 – Target @ 1.0588.
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Natixis