AUDCAD seems to be in an overall downwards trend. I appears that a possible Head and Shoulders Pattern is forming around a major resistance area. Could be a indication of a Bearish Move. Lets see if we can test the Dec 20 9am Low.

Risk To Reward 2:1
Possible 85 pip reward
AUDCADBearish PatternsBeyond Technical AnalysisscalpingshortTrend Analysis

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