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Fakhreddin70

USDCAD long term analysis

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Fakhreddin70  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis
5
0
trendanalysis
The price reach an important sell zone between 1.36508 and 1.37000 and fortunately 1D trend line is also present in this area so we can take a low risk sell position with the targets below, i think the price move a bit higher again to the zone and then stars the main bearish move:

TP1: 1.35893
TP2: 1.34803
TP3: 1.34070
TP4: 1.33350
TP5: 1.32624(400 pips)
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