http://www.fxtimes.com - Forex News, Analysis, Education, Live- Events and More Commodity prices took a hit this week, and so did those currencies with a correlation due to their economy's dependency on exports of these commodities. We saw the AUD/USD complete a Gartley and fall. NZD/USD plunged. We saw the USD/CAD decline reverse upwards sharply after the BoC policy meeting. Also, we saw the AUD/NZD rally but held below an old support. As the USD strengthened towards the end of the week, the AUD/CAD fell after a zig zag correction. Fan Yang CMT Chief Technical Strategist FXTimes
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