FX:AUDCAD   Australian Dollar/Canadian Dollar
AS you can see from the chart AUDUSDCAD has reached a strong resistance zone or level at the upper line of a descending channel so if the price will manage to break this line to the top and give us a bullish flag we enter long but if it fails and get rejected at this zone we consider a strong sell signal. So in this analysis as for now we anticipate a sell signal to buildup due to my analysis on the higher timeframes. therefore we sell this pair for now. The entry and exit levels have been indicated on this chart. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest wisely. See you in profit.

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