TRDVMA

USDCAD Update. Following signs favor down direction once again

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
5
Price at
1-At Resistance Zone of daily strength
2-Flag Formation after a sharp fall. Continuation with drop highly probable
3- Upper Trend channel touched

Considering all 3 negative signs we may assume that there is stronger probability that the price goes down, rather than the other way around. Target is 1.28

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