USDCAD: Sell signal

30 thg 9

USDCAD is almost neutral on its 1D technical outlook (RSI = 44.464, MACD = -0.002, ADX = 19.851) as it rebounded on August's low. This is a similar price action to the April-May 2023 sequence and as long as the 1D MA50 contains the price under it, we will be bearish. Our Target is just over the S1 Zone (TP = 1.32500).


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##