pardeepk

Short on USD/CAD?

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
0
Strictly from a technical analysis view, supply seems to overwhelm the demand and it looks like this pair is going to go down. Buyers came in and pushed prices up to enough supply and now it seems like the bears are taking control.

There is definitely a chance that this is wrong but there is a good risk:reward of 3:1 set none-the-less.

Input is appreciated
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