SHORT trade analysis on AUDCAD.

Graph is looking bearish from upper trendline to lower support zone. Price completed Descending Triangle Pattern as well and signalizes bearish continuation. Bearish Engulfing Candle also indicates sell on the chart. On the last 3 Lower Highs is seen Hidden Bearish Divergence with potential another drop. Trade idea is also shown on RSI indicator.

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Technical IndicatorsTrend AnalysisTriangle

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