quintalytics

USDCAD SHORT Trade Technicals - approaching 78.6% retracement

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD Short Trade still in-progress +277 pips.

After bouncing around the 50% retracement area now approaching 78.6% at 1.3128.

There is Bullish divergence showing in the TrendCycle indicating a possible trend end is near.

Trailing Stop is currently at 1.3272.


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