If DXY rejects resistance we could see USDCAD dropping to make a new lower low. A rejection candle on the 4hr will be our short signal.
Comment:
50 EMA is just hanging on the trend line.
Comment:
Lets see reaction on the 200 daily EMA
Comment:
Lets see if it is a double bottom on the daily
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50 EMA is just hanging on the trend line.