ElemontFX
Short

USDCAD FORECAST - 2 Things to Watch

FX:USDCAD   U.S. Dollar/Canadian Dollar
USDCAD             is nearing the top of a flag pattern where we expect it to meet resistance before making it's way back down.
Traders should be on the lookout for:
1. A break below the current yellow trendline
or
2. a bounce off the top of the flag pattern lower.
For short entry points.

*A breakout above the flag pattern would make this short setup invalid.
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