DeGRAM

DeGRAM | USDCAD kill zone for short opportunity

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD is moving in a descending channel. Price is consolidating on the D timeframe.

The market is testing the kill zone: resistance level at 1.36500, golden ratio of 61.8%, and channel's border.

We expect the downtrend to continue since the trend is bearish.


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