PoorMansForex

USDCAD - SELL possibility

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Here we have a pair at a weekly double top. The left hand side of this chart shows the second top. Which is now falling to the downside. At present we have some exhaustion in a bullish channel. Im expecting this to continue to the upside, and I will be expecting a rejection in my marked zone, then will look for further confluences to determine my short position. However, this could break to the upside creating a triple top. We wait.
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