I went back to 2009 on this chart to see what things looked like. If you look at the big sell offs that have happened you will notice they have had a big down week with decent volume.
If you look at how last week went for AUDCAD you will see the same here. Is it possible that we have just put in a top for the foreseeable future? and IF so, where can we expect price to get to?
The red square shows the huge potential for this pair. Something to keep an eye on.