AUD/CAD in a new trend channel

Short

Australian Dollar/Canadian Dollar (OANDA:AUDCAD)

OANDA:AUDCAD Australian Dollar/Canadian Dollar

supportandresistance parallelchannel trendline audcad aud cad forex pairs currency selling

The pair is forming a new trend channel and it is reaching the upper side of it. A down movement is expected. Take your profits, when the price reaches the other side of the channel.
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