USDCAD is currently giving us a strong signal to go short with a rejection candle (gravestone doji) at resistance on the weekly timeframe as well as price is currently at 50 fibzone as it rejected breaking above the 61.8 fibzone. Price may rally before going short.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.