Australian Dollar/Canadian Dollar
Short
Updated

AUDCAD short

We can see that it has broken the ascending trendline and is now consolidating. it has since retraced back to the trendline nad rejected it. I am hoping it will give us a good break of the support level abd continue downwards. If it gives a clear break we can look for a sell setup
Trade closed: target reached
Target was reached. we can see that it has since continued upwards. as it stands now we can look for another short if there is a sell setup on the shorter timeframes.

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