March Canada dollar (D6H26) futures present a selling opportunity on more price weakness.
See on the daily bar chart for the March Canadian dollar futures that prices this week hit a four-week low and are also trending down. See, too, at the bottom of the chart that the moving average convergence divergence (MACD) indicator is also in a bearish posture at the blue MACD line is below the red trigger line and both lines are trending down. Bears have the near-term technical advantage.
