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VladimirRibakov
Mar 7, 2024 8:13 AM

USDCAD Short Term Sell Idea Short

USD/CADOANDA

Description

D1 - Bearish trend pattern followed by a pullback.

Price reached a strong resistance zone and is bouncing lower.

Bearish divergence.

H1 - Lower lows.

No opposite signs.

Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
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