USD/CAD 2H/4H Analysis---->Potential Short

Short

U.S. Dollar / Canadian Dollar (FX:USDCAD)

Updated

FX:USDCAD U.S. Dollar / Canadian Dollar

Trend Analysis Chart Patterns

trendanalysis chartpattern

Read Description in chart!

Comment:

4H Moving Average EMA/MA has crossed to the downside!
Looking God Right Now
First Target would be around 1.3190 if we can break that then look for price to reach the -27.00% extension.

Comment:

Good*

Comment:

IF 1.3301 IS BROKEN we can see an retracement to 1.3400 or even 1.3446 a good 100-140 pip! Im Currently short in the moment Price can be stuck in here for a while and we can see a drop down to previous Lows. If 1.3301 is broken and we see the body close above this price we can expect the move up.

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