Short USDCAD strong level of resistance. Bearish trend. Support becomes resistance. RSI oversold with divergence. Solid FIB retracement. Emerging H&S pattern going to the downside. Bearish USD bullish CAD price of oil is going up, Canadian economy looks good. Trade wars may affect both sides but in my opinion this pair is going DOWN DOWN DOWN. Good luck.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.