USD/CAD: Daily chart - downward movement and mid-term choppy
Price above diagonal and horizontal resistance - possible price recersal
Price action: Pin bar at diagonal and horizontal resistance - possible decrease
Technical indicator
50/200МА: 50 below 200, price below 200МА - negative signal
CCI(50): turning from overbought area - possible decline
SL 1.32800
Alternative scenario: If the price goes above 200MA it is possible the price to go out of the choppy and a new upward impulse to occur.
Jr_Trader_I_Ivanov
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