rizwansardar

USDCAD - Breakdown

Education
FX:USDCAD   U.S. Dollar / Canadian Dollar
Key support at price level of 1.335..

Depending on how this key level holds, a push up to the upper trendline before a sell-off where I will be looking to take a short trade.

If no bullish momentum towards the upside can be spotted, then a short trade towards lower trendline is a possibility along with other confluences.

Other confluences to keep an eye on: DXY , OIL .