JohnnyPurtoy98
Short

USDCAD - end of the retracement

FX:USDCAD   U.S. Dollar / Canadian Dollar
It looks like the price has retraced and bounced twice of the 0.382 level of the Fibonacci retracement levels. This shows that the currency pair has not got enough strength to move further up. This looks to be the end of the retracement and further bear moves are looking more and more likely, the RSI is currently in a neutral position.
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