30-mins USD/CAD: Bullish Momentum Meets Multiple Top

The Golden Cross of the 20 MA breaking above the 60 MA is a strong bullish indicator for USD/CAD. The RSI is overbought and the price formed a multiple top pattern around 1.3955, meaning a correction is not impossible. If the price holds above 1.3911 (38% Fib) the up trend might extend above 1.40.
Chart PatternsTechnical IndicatorsTrend Analysis

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