USDCAD: SHORT POSTIONS BELLOW 1.2525

This pair is under pressure by a descending trending line.

RSI show downside momentum.

Price is bellow Moving Avarages of 20 and 50 days.

MACD is negative and bellow its signal line.

Pivot Point 1.2525

Take Profit (1): 1.2465
Take Profit (2) :1.2450