SilverTrader925

USDCAD Head & Shoulders

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
This looks a nice setup with the neckline as previous resistance.

Oil is at a major trendline if it rallies this should breakdown nicely ,as this pair is negatively correlated with oil .

RSI divergence supporting the fading momentum.

Be careful with the interest rate decision later if taking any trades.

Comments

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