ShinForex1

USDCAD SHORT POTENTIAL

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
OVERALL
usdcad is potential in uptrend but we can seeing a slight retracement to probably around 1.36000 which is the 61.8% fib level from the previous low.

countertrend we see lower highs and lower lows. we can capitalize on the bias and target 1.3600 or the 50% fib level. also in a pattern view we see a wedge and down acting as a resistance .