Prediction of USD/CAD pair on D1 Timeframe 01-05-2018

usdcad prediction

USD/CAD, D1

USD/CAD seems to go down after the retracement from the trend line. We just need to wait for the market to touch the trend line and take a resistance from there and fall down to execute our ‘sell entry’. And once the market retraced, it hopefully goes to the support level of 1.20779. Also, the RSI shows the same thing.

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