Fxprotrader

USDCAD: Rally Soon May End

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price is heading up and soon will reach the upper bond of both a smaller and a larger consolidation. Looking at MACD we see a big bearish divergence which shows a reversal soon will take place. So when price reaches the upper trendline we should watch for a sell setup completion and aim for at least the lower bond of the consolidation

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