AUDCAD has penetrated a support area it has been respecting since 2013. It broke out of the support area around July 2017 and now it's back to the area for a retest. I expect AUDCAD to fall for some time. Although, there is a probability it breaks the line to the top side (which is not very likely).
This is just my general overview of the market, not advice on how to trade the market. I'll be uploading my trade setup on the 1H timeframe. Please like this post if it was helpful in anyway
Trend Analysis

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