USDCAD Short Position...

FX:USDCAD   U.S. Dollar / Canadian Dollar
With general trend of USDCAD in a downward direction, we see a structure of lower highs and lower lows, both moving average lines being very close together shows lack of momentum in the upward movement we see, price is consolidating with resistance confluence at the 0.382 retracement level, therefore based on evidence in the graph above anyone agree on a short position trade?


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