I think that AUD / CAD now is in the middle of a (major long term sideways / downward wave) & it's going to find a resistance level to form a peak close to the current price, but right now no entry at current movement, price will go up & down (osculant price) until it reach the desired resistance, whether it touch the downtrend line, reach the overbought area or touch a horizontal resistance so be patient.
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