Eliphaz
Short

USDCAD Resistance

FX:USDCAD   U.S. Dollar/Canadian Dollar
The Cad is getting much stronger... The dollar had its time but the CAD should be taking over this week. There appears to be some resistance on the upside but a possible double bottom on the downside. Wait for the double bottom to break and then short. Also watch for the EMA's if they cross this is more signal to short, combined with the MACD Divergence there should be a drop of around 400 pips!
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