I have been watching and trading AUDCAD for several week. Price Harmonic is mostly good here. From classic Channeling, Fibs, and Harmonic Pattern. I spot another Short Term Bearish formation here. I have correlation analysis on AUDUSD and USDCAD where the AUDUSD is in range market and USDCAD showing bearish reversal potential on daily chart. If those are true, then this AUDUSD 1hrs chart can be true and more power for bearish.
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