USD CAD pair has resumed downtrend after it failed to trade above the rising channel, the pair is expected to touch channel support at 1.34994, indicators RSI has turned nevative from overbought territory and MACD crossover is about to happen, a short entry with target 1.34994 is seen in couple of days.
Trade closed: target reached
Target reached, close position
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.