USDCAD H1 SHORT PRICE ACTION FORECAST

45
Price action broke in H1 the support level at 1.3397, and bearish pressure continues to affect the US dollar. Short entry by a sell-limit order, supported buy MACD signaling a sell bias gives room enough for the following setup:

S/L: 45 pips - R:R | 1:2 - T/P aiming to a support level in from a higher time frame.

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