FX:AUDCAD   Australian Dollar/Canadian Dollar
4 0 1
on the 4hr chart we have a 50% level lining up with a pivot point (red line) and if price retance we will be back within the moving average (10,20) zone. stop will be protected by the .95000 number this offers a good place for a 1:1.2 trade note we are look a little over extended on the daily so this would be a quick in and out trade for slightly better than 1:1
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