USDCAD – Sell Opportunity

U.S. Dollar/Canadian Dollar FX:USDCAD

A lot of reversal criteria in one area (blue box):
– Fibonacci levels
Fibonacci Extension
ABC Wave C point
Trendline retest after the breakout
– EMA100 on 4H
– Previously worked support levels are now resistances
– A bit sloppy channel upper trendline

Definitely, wait for a bearish candlestick formation because the USD looks pretty strong, at the moment!

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Have a great weekend!

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