velmunis

USDCAD LONG TERM SELL-WEEKLY CHART

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD
This pair felled more then 4% in 2019 and the bearish trend will continue in 2020 also and the recent tensions in middle east also supports the oil prices and this will benefits the CAD pairs also. We can sell after the short term pullback at 1.30970 and potential take profit will be 1.28930. Stop lose may placed at 1.32020.
This pair trading in a downtrend channel

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