USD/CAD Ready for shorts by ThinkingAntsOk

Short

U.S. Dollar / Canadian Dollar (FX:USDCAD)

FX:USDCAD U.S. Dollar / Canadian Dollar

Trend Analysis Support and Resistance Multiple Time Frame Analysis USD CAD USDCAD short

trendanalysis supportandresistance mtfa usd cad usdcad short

4H CHART EXPLANATION:

Price is on a Descending Channel, and now it is being rejected the the top of it. Also, there is a resistance zone holding. On the bigger timeframes, there is also strong bearish signals.

DAILY CHART EXPLANATION:

snapshot

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