dante24
Short

USDCAD daily doji

FX:USDCAD   U.S. Dollar / Canadian Dollar
Daily doji formed below 200 sma line followed by bearish confirmation which is also bigger than the previous bull bars. Stochastics in overbrought area. My only concerns are that there is no fib support/resistance suggesting that the trend is still going to continue up rather than dropping. Will look for 4hr and hourly bearish action to enter short provided the high of the bearish bar is not violated.
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