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frankbiita

USDCAD SHORT SETUP

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
frankbiita Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Wave Analysis
5
2
trendanalysis waveanalysis
price is now consolidating at the support, i expect a correction move upwards to 1.32374 to complete wave. then price move further downwards (wave 5 ).
the supporting factors include.

price will have retested a minor
trendline
wave 5
downward momentum of the price at higher tf
Comment:
friday nfp and cad news may support the setup
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