USD/CAD Momentum turns negative

The increasing downward momentum that led the USD/CAD on 4-hour chart, the MACD fell into the red area.

These technical conditions would certainly be of no help to you, if the MACD would not are already since at least a week below Zero. This strengthens the prospects for further USD/CAD rate declines.

Trend-following traders can use the Signal to close your Long positions, while potential sellers are sensing their Chance.

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