OANDA:AUDCAD   Australian Dollar/Canadian Dollar
weekly char: is showing huge decelration on a good resistance zone.. 2 weeks of rejection with a tweezers top.

daily chart: i can see a good head and shoulder forming that rejected 0.96629 almost 3 times with a rather strong support zone. but the resistance is there showing a reversal at least towards the first target 0.94354 which coincides with the 50ema.

4hChart: the daily head and shoulder is very well present here

1Hchart: i would wait for a proper rejection after the usmarket open hours. when a proper rejection of the 50 ema is there. i would Short the market towards daily 50EMA 0.94354
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.