The above model speaks for itself but we will add some points anyway! We already had 3 encounters with the diagonal resistance line and everyone responded in descents, and at this moment we are a few pips from the resistance! The Stochastic indicates Overbought We have a start of a red Ichimoku cloud that warns of a downward trend. Target: 1.32 If usdcad breaks the resistance this signal will be canceled
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