Taneesha

USDCAD- Looking to drop

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
I am expecting USDCAD to keep dropping. On the 4 hour time frame you can see that we did have a huge rejection candle faking the sellers however on the same note there was another rejection candle faking out the buyers. This gives me reason we still have room to keep dropping. Also the 50 MA is above price. on all time frames including the m15.

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