Trading-Buddy

USD/CAD ways downwards!

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD

The pair has touched the resistance about three times which is usually said to be 'triple top'.
Also the DXY index is taking a position for rallying downwards.
In short dollar is going to be weaker in this next cycle.
So obviously the base currency for dollar will also face the decline.
Note that it must have to break the trend line other wise we will not trade here.

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