AUDCAD Short SetupAUD/CADOANDA:AUDCADChoughleAUDCAD is currently trading within a well-defined range and approaching a strong confluence resistance zone on higher timeframes. On the 4H timeframe, price is reacting around key Fibonacci levels: 50% level: ~0.9623 61.8% level: ~0.9651 This zone also aligns with previous price reactions, making it a high-probability supply area. Price attempted to push higher but is showing weak momentum and consolidation below resistance, indicating potential exhaustion. Bias: Bearish Reasoning: Rejection from higher timeframe Fibonacci resistance Range structure with lower highs forming Trade Plan: Sell Zone: 0.9620 – 0.9650 Stop Loss: Above 0.9670 (above supply + liquidity) Targets: TP1: 0.9595 TP2: 0.9560 TP3: 0.9515 (weekly level)