AUDCAD, Trend short
Deceleration within the 20/50EMA zone, with additional horizontal and Trendline resistance to confirm the possibility of a bearish continuation to the downside. Also, the pullback rejected the 61.80% fib level. MACD and RSI bullish momentum slowing down on the intraday, while price is beginning to break the 1hr 50EMA. I'll enter this trade with a stop entry for a 1.7 Risk/Reward.
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