AUDCAD Short
This pair has been on a volatile bull run since late March and it is very extended from the 20 ema. In addition, price is approach LT resistance level, which previous acted as a strong support level turned resistance.
Trade Idea:
Sell the LT resistance level, with the target as the previous support level where the 20 EMA is approaching.
Trade Idea:
Sell the LT resistance level, with the target as the previous support level where the 20 EMA is approaching.
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