FX:USDCAD U.S. Dollar / Canadian Dollar
Bearish trend on USD/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.348.
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I stand by my prediction and my idea is confirmed by the fact that the pair is moving towards the target!
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