USDCAD Short signal

in #forex6 years ago

USDCAD 0.07%, I believe will be going lowering in price for a short position based off the following reasons:

  1. Price rejected off of our resistance, and we can see that we may have a reversal downwards.
  2. RSI support was broken, which also indicate a bear run.
  3. MACD crossover indicating a reversal downward.
  4. Heinken MA's indicate sell signals.

usdcad.png

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