Bearish AUDCAD for next 5 hours

Short

Australian Dollar/Canadian Dollar (FX:AUDCAD)

Updated

FX:AUDCAD Australian Dollar/Canadian Dollar

trendanalysis chartpattern bearish audcad hourly

1. Price has hit a major resistance level
2. Price action and trend is downwards
3. Bears seem to be control of overall trend

Comment:

Oh dear! really wrong on this one. Bulls are in control!

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