U.S. Dollar / Canadian Dollar
Short
Updated

Short: USD/CAD

69
Overbought conditions for the dollar
The overall market trend is downwards, however the price is currently crossing the 200 SMA
8 & 5 SMA just about to cross signaling a sell-off
MACD histogram is going light green suggesting the market may be turning short4HR chart confirms the market is bearish and the MACD is showing signs of uncertainty
Trade closed: stop reached

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