USD/CAD BEARS WILL DOMINATE THE MARKET|SHORT

31 May 2023

Hello,Friends!

We are going short on the USD/CAD with the target of 1.348 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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