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JoeJohnsonIV

USDCAD TO SELL, FIB RETRACEMENT 78% TP 1.237 OR BELOW

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JoeJohnsonIV  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns USDCAD USD CAD SELL short shortsetup Fibonacci Retracement
3
0
trendanalysis chartpattern usdcad usd cad sell short shortsetup fibonacciretracement
As resistance is occurring from the uptrend market, it could be safe to say that USDCAD is looking to create a downtrend movement. It has reached the high of the day, then created a retracement of 78%, creating a high lower.

TP: 1.237 OR BELOW
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