Get started
NimbusCapital

USDCAD downside

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
NimbusCapital  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Supply and Demand Support and Resistance USDCAD usdcadshort
3
0
supplyanddemand supportandresistance usdcad usdcadshort
Despite better than expectation NFP results, USDCAD have downside potential in terms of technicals. Current resistance is at 1.3145. It will be better for price to go to 1.3145 and look for any form of bearish candle (engulfing/pinbar) to place the trade.

Have a good weekend all. Remember to visit my patreon =)
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.