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USDCAD Short

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
the5erstrading  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Supply and Demand Trend Lines Multiple Time Frame Analysis USDCAD Supply Zone supply_and_demand
10
2
supplyanddemand trendline mtfa usdcad supplyzone supply_and_demand
USDCAD much like GBPUSD is trading in a channel on the daily/4h chart. After a minor uptrend, we can see that price has created a lower low and has now pulled back into the supply zone.

Keep an eye on the lower timeframes to find a break in structure to indicate a move lower.

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