Hope everyone is enjoying the weekend.
Here are my 6 reasons why I'm shorting USDCAD and expecting a crush very soon to levels below 1.15
1. Death cross (50MA & 200MA)
2. Strong support has been broken and this is why currently we are in a major corrective wave (Wave B).
3. Bearish Divergence.
4. Wave B ...
I strongly think we are currently in a correction wave (Wave B) as you can see its correction pattern for some time now- I expect a very strong movement to the down side in the coming weeks.