AUDCAD_chart 24.10AUD/CAD (H4) chart shows that price fell below the most current support. It may be a consequence of daily TF signals which shows bearish engulfing formation. Now support becomes a resistance and rate is now testing it.

It is worth to wait for selling signal. We may observe now, that price draws itself in the downward channel and it is very likely that this trend will be continued.

AUDCAD_screen 24.10

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