Usdcadl
USDCAD LongUCAD is in a clear sell on the weekly timeframe. However, the daily MACD shows the moving averages touches with a possible crossover to the upside. The 4hr shows a slight move to the upside but closely approaching the 50EMA zone at 1.311. Will look to see what price does here. Will take long position if price breaks the EMA and retests. Also, divergence on the 4HR starting at 062019 til current. Price has broken the 1HR and 15MIN EMA's but has not retested, therefore this breakout could be a fakeout. Will continue to watch price.
