fxbymichel

USD/CAD setting up for move lower

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
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1
USDCAD following through after yesterday's double top rejection and reversal. target a move back towards 100 day MA. RSI divergence also confirming a move lower. Rally in oil and precious metals on the back of geopolitical tensions should provide some bullish momentum for the Canadian dollar .

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