Akfx369

USDCAD , weekly price action analytsis, Nov 7-11

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Dear traders

Here i am sharing my view of USDCAD pair
Monthly chart suggest it has got a strong resisitance at 1.40 price zone, and the october month candle clearly indicates a revesrsal ,
Weekly outlook have seen a new low after 5 weeks in USDCAD pair,
1.34 price zone is prone to break now, if this zone get broken then 1.30 price zone become vulnerable

We can identify a triple top in the Daily chart , which added value towards our bearish analysis, we have to wait and watch the power of bears in the upcoming days

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