Rawk, on the 4hr MACD has crossed over, and has further to go to the downside by a fair way, but also RSI is has broken down from an uptrend.
I'm not sure 1.22 will hold, particularly as when the stockmarket rallies hopefully extend, that becomes very bearish on USD as risk trading returns.
Tonight or next week will let us know I'd say.
usd/cad, page-10
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