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USDCAD 12 April 2023

USDCAD 12 April 2023 on the H4 timeframe, it can be seen that this pair is in a bearish trend after moving sideways since 2 days ago. Referring to the RSI and the Bulls Power Indicator, it appears that the bearish trend will continue, therefore going short is still an option unless this pair manages to bounce back and experience a bullish trend. Wait for the next indication or trade with your own risk.

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