MarFx

USD/CAD Bearish!

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
1
The market is in a downtrend because:
1)The price of the USD/CAD is below the EMA(200) and EMA(100)
2) The market is in sell zone
3) The MACD have down momentum
4) The RSI is bellow 50 so in downtrend

So I enter short looking to target the green price level.

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