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AEFX786
Feb 9, 2021 2:15 PM

#162 AUDCAD Short (Sell) Trade Setup Short

Australian Dollar/Canadian DollarFXCM

Description

AUDCAD has run into resistance on the Monthly, Weekly, Daily and 4hr timeframes. We saw a strong rejection on January's monthly candle close and we're now seeing a retest on the 4hr supply.

We have a potential to take a short from here and aim for lower lows.

Order cancelled

Retest didn't hold, setup invalidated.
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