FX:USDCAD U.S. Dollar/Canadian Dollar
USDCAD has had an impressive run up last week, but may be countered shortly with hard selling. Price is under 50 pips away from both huge daily mode resistance from the prior uptrend and a 4hr mode detach price projection. These two confluence levels, coupled with both overbought and bearish/diverging RgMov (trend indicator), could warrant some key selling pressure to the 1.3015 level, which is a relevant daily mode level. GL!