General weakness in NZD. Short the break of the trendline.
Continuation of the downward trend after pullback.
Bounce off long term support may result on a up move.
A break in long term trendline may result in further downside for the AUDCAD.
CAD is weak, I expect a continuation of the upward trend.
Entry: at market SL: 44 pips, two times the ATR 4h chart. TP: 0.7294 AUD/USD is continuing its downtrend, enter at market. FOREXCOM:AUDUSD
On a demo account, look for a break on the negative trendline.