USD/CAD Short From Resistance

This has retraced nicely to the point I marked out in my previous analysis for the pair. This is a good shorting entry to the target of 1.22500 with SL just above the resistance level. MACD is still below 0 so that signifies this is still bearish and EMA's are very close to crossing but I expect this to drop from here.
Chart PatternsTechnical IndicatorsTrend AnalysisUSDCADusdcadanalysisusdcadforecastusdcadideausdcadsellusdcadsetupusdcadshortusdcadshortsetupusdcadsignal

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