USDCAD Trendline Retest Short Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Sep 4, 2016 9:54 PM

USDCAD retesting the long term trendline and 78.6% fibonacci retracement level. Tweezer tops and evening star formations with a marubozu on the bearish candle. Overall target at the D2 extension ~1.2500 level. Weekly candle shooting star.