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rishililawat5

USD/CAD Trading in Descending Channel.

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
rishililawat5  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Supply and Demand USDCAD usdcadidea usdcadanalysis usdcadshort usdcadshortsetup
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trendanalysis supportandresistance supplyanddemand usdcad usdcadidea usdcadanalysis usdcadshort usdcadshortsetup
Hello traders, USD/CAD is trading at 1.2692. The price is trading in downward resistance and support channel, it can go further down from here. As the price has given a small pull back now it can continue its down trend and its target price will be at 1.2548.

Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade.

Do follow us for future Forex trend analysis and Ideas.

Thank you,

Rishikesh Lilawat
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