AUDCAD Bearish Opportunity Forming At The Moment

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AUDCAD Bearish Opportunity Forming At The Moment

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Hi Traders! We have AUDCAD bearish opportunity forming at the moment. A detailed analysis of this sell setup is as follows:

AUDCAD H1 Chart:

On the H1 chart we have a critical zone that has formed and the price which is moving higher is nearing this critical zone. We may now expect one more push higher from the current zone towards this zone. Once the price reaches this critical zone, we may then look for evidences of bearish pressure and then start looking for sells.

AUDCAD Bearish Opportunity Forming At The MomentNote: It is always recommended to look for confirmations before you jump into any trade. If you are not sure about how to trade this sell setup then you can use any setup and strategy that you have in your arsenal to look for bearish moves and join this sell trade.

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Yours to your success

Vladimir Ribakov

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