Talking Points:
- Daily trend-line and horizontal resistance dating back to 2013
- At the top of a 4-hr channel
- These confluences make a strong case for the bears
AUDCAD Daily: Feb ’13 – Present

AUDCAD 4-hr: Nov '14 - Present

--- Written by Paul Robinson, DailyFX Research
To contact Paul, you can email him at instructor@dailyfx.com