BOAFX

Would prefer a sell USD/CAD

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
We are currently testing the declining trendline on the daily chart which is from the second peak of a double top . A break back through the trendline should see a return to the support and eventually a breakthrough for a longer-term downtrend. However, a break above the trendline will give opportunities for a buy if it then sees the declining trendline act as support and makes a new high. I am favouring the sell as marked on the chart.

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