USDCAD, 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.
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.