USDCAD - Double Top reversal to the downside?
USDCAD - Double Top reversal to the downside?
Price has hit a meaningful level at ~1.3418, which has both been been significant in the past plus now has the 200 close by, and price has bounced off nine times since the 24th Sept.
If price retests this high I will enter short seeking 50pips to the downside, seeking RSI confirmation below 50 (down trend).
Price has hit a meaningful level at ~1.3418, which has both been been significant in the past plus now has the 200 close by, and price has bounced off nine times since the 24th Sept.
If price retests this high I will enter short seeking 50pips to the downside, seeking RSI confirmation below 50 (down trend).