USD-CAD Found Resistance?

FX:USDCAD   U.S. Dollar / Canadian Dollar
We are in an overall down trend. We have had a retracement. If price has found resistance at its current high, we might have a good trade to the downside. I have an Entry STOP order waiting at the green line, Stop at the red line and Target at the Fib 161.8 light green line. Lets see how it plays out.


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