Currency Pair: AUD.CAD Time Frame: Daily & 4hr Predicted Direction: Short
AUD.CAD updates will be available in the comments section below.
Additional Information: A live sell stop order is in place to take advantage of the breakout should it occur.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Note
This trade is live. Additional downside into next week is expected.
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