FX:AUDCAD   Australian Dollar/Canadian Dollar
After a most recent large head and shoulders pattern breaking the neckline were currently at a level re testing that level. Looking on lower time frames such as the 4hr we have a 618 fib retracement meeting right back on that neckline level, we have had a tweezer tops candle formation confirming a change in direction. I would expect this pair to be going south this week duie to already making lower lows and lower highs so on the larger time frame id expect a new lower low to be made this week.
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