Identified an hourly channel breakout on this pair where we may see a retracement to the downside following the bottom-level support highlighted. This level of support held close to 38% on the Fibonacci retracements. A well-managed short position might generate something in between 30-50 Pips worth of profits.
AUDCADChart PatternsForexforexsignalstraderchampTrend AnalysisWave Analysis

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