06.01.2020 USDCAD SHORT

50
DAILY
price broke major support, and has been basing over the past few days. Major level below which seems like price is gravitating towards.

4HR
50 below 200 ma. Price breaking down through structure support.

1HR
price broke support and recently retest the level with strong bearish candle rejecting the level.

Trade
1- 1/1 RR
2- 1/1.9 RR

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