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QuileHills
Apr 20, 2017 5:26 PM

AUDCAD Resistance Short

AUD/CADOANDA

Description

AUDCAD has entered an area of previous consolidation after a strongly bullish past 8 days. The RSI for the pair on the 4H and 8H charts has formed some hidden divergence to compliment the potential for a bearish movement. I'm going to be watching at the market roll over time to see if the daily and 8H candles are favorable to a short entry.
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