FX_IDC:AUDCAD   Australian Dollar/Canadian Dollar
currently, price playing inside a trendline channel and potentially forming top formation ( H&S pattern), bearish divergence on MACD indicates as the first sign of reversal might occur if the buyer failed to break out the 0.9690 resistance level .

**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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GWBFX
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Comments

AUDCAD is very interesting right now!
Check this:
+1 Reply
ABDOLLAR_FX VasilyPonomarev
@VasilyPonomarev, you did well
Reply
GWBFX VasilyPonomarev
@VasilyPonomarev, agreed, nice analysis, it seems price respected the right shoulders (on my chart) ... thanks for sharing ;)
Reply
Nice idea!
+1 Reply
GWBFX Phi-Deltalytics
@Phi-Deltalytics, thank you
Reply
Nice setup
Reply
GWBFX phumlani_
@phumlani_, thank you my friend
Reply
I support your analysis πŸ‘
Reply
Audcad is currently in a corrective mode, I am expecting a little push up before picking sell, what do you think?

Reply
GWBFX ABDOLLAR_FX
@ABDOLLAR_FX, nice chart my friend,.. thanks for sharing
Reply
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