#USDCAD: Short
Price has been printing higher highs and higher lows for some time now
As you can see, the price has reached the weekly resistance zone
The RSI indicator is also in the overbought territory.
I believe market participants would be taking profits from the zone
Which would result in a Bearish rebound
I'm Bearish Biased.
As you can see, the price has reached the weekly resistance zone
The RSI indicator is also in the overbought territory.
I believe market participants would be taking profits from the zone
Which would result in a Bearish rebound
I'm Bearish Biased.
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