AUDCAD short
Price has broken below the descending channel and we see it also respecting the blue trendline as resistance , we also have a divergence at the top where the previous highs are so with all these confluences I am a bit confident that we may see price drop, my first target on this trade is 0.86231
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.