AUDCAD reversed on the daily, currently at channel support.
A longer term view, AUDCAD has retested the horizontal trendline and formed an inverted hammer on the break.
On the H4, AUDCAD currently at horizontal breakout point, a close below this point will become a failed break out and a possible short to bottom of the range.
AUDCAD on the weekly, forming an inverted hammer and overbought. (candle unclosed)
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