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Is USD/CAD a sell?

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Dolar A.S. / Dolar Kanada (FX:USDCAD)  
MujkanovicFX  
FX:USDCAD   Dolar A.S. / Dolar Kanada
Technical Indicators Trend Analysis Chart Patterns USD CAD USDCAD Forex fx signals ideas LONG short
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indicator trendanalysis chartpattern usd cad usdcad forex fx signals ideas long short
The USD/CAD pair is breaking below a daily support level on quite strong momentum, signaling further weakness in the price.

The RSI formed a slight bearish divergence and managed to break below its recent low.

Also, notice that the pair is in an overall downtrend, trading below the 61.8% Fib level where the recent swing low found support.

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