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hey yo whats up everybody this is huey and were back with another technical analysis video today were looking at australian dollar canadian dollar pair and it is the same chart that we looked at last week and we actually profited from this entry right here as you can see we entered on the next candle for three minutes and as you can see the price tested this support level that we drew last time once again then it bounced back again and on the next test as you can see it has broken down after a series of lower highs so what we know is if the area of support is being tested multiple times eventually its gonna get broken and as you can see right here we have the price going down now and it doesnt mean anything because we can continue trading on the same chart we look at three minutes lets look at five minutes actually so you can see that we have the price going down we have a little consolidation areas right here and right now we are in a steep downtrend the short-term downtrend mos