FX:AUDCAD   Australian Dollar/Canadian Dollar
D1 - Price is nearing the downtrend line.

If we didn’t get a valid breakout here we may then expect the price to respect this trend line and move lower again.

H4 - We have two critical zones that has formed.

Once the price reaches the first critical zone we may look for evidences of bearish pressure in order to start looking for sells.

Alternatively if the price moves higher then the next area to look for sells with bearish evidences would be the second critical zone.

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