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Feb 6, 2020 12:21 PM

Bearish on AUDCAD Short

FX:AUDCAD1D
Australian Dollar/Canadian DollarFXCM

Description

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We go short on AUDCAD with a target at 0.88782 level. If price breaks above the trendline we wait until it tests the above supply zone around 0.91022-0.91515 and shows bearish evidence to the downside.

Trade closed: target reached

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Support and ResistanceSupply and DemandTrend Lines
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