Finchcliffe

CADUSD: Looking very bearish to me

Short
FX_IDC:CADUSD   Canadian Dollar / U.S. Dollar
I'm expecting to see USD strength through March with a Hawkish Fed that has strength ibn their economy, compared to all other crosses.

Looking at the 4hr chart I'm seeing a couple of bearish engulfing candles and therefor looking for a short in an LTF.

There is very choppy water between 0.735 and 0.7366 so we may see a lot of indecision here but I'm overall bearish and expect the drop down to major support.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.