Carl_G

USDCAD OUTLOOK

Short
Carl_G Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Comment:
Price have currently made 8 consecutive closes, each close higher than the close 4 trading days earlier. Two doji bars are appearing at the top of the trend indicating that there is an indecision between buyers and sellers or more likely in this case an exhaustion of buyers as price appears in extreme overbought conditions. For shorters target lies at technical support 1.3285.
Trade active
Trade closed: target reached

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