美元 / 加元
做空

USDCAD: Sharp sell towards the annual low.

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USDCAD is being rejected on the 1D MA100, having turned bearish when ir crossed under the 1D MA50 on November 24th. The 1D technical outlook is naturally bearish (RSI = 40.749, MACD = -0.004, ADX = 31.294) giving us the ideal sell opportunity for an additional short, that will aim this time for a -4.00% decline from the top (TP = 1.33500). The 1D RSI is on a perfect symmetry with the April 10th rejection point.

See how our prior idea has worked:

USDCAD: Has topped on a 1 year basis. Sell breakout signal ahead


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