AudCad Is Showing Good Movement Up

The Australian Dollar made a big move today against the Canadian Dollar. The AudCad rose up very smoothly and consistently and it looked like a good play for a Buy order. This was the first time in three weeks that I saw less volatility in the movement of a currency. So this is a sign that the currency markets are starting to become less volatile. It is probably also because both of these currencies are tied to commodities like oil and gold.

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