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ColmoreFX

USDCAD SHORT IDEA

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
ColmoreFX  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD CAD USD short fib 382 Fibonacci Retracement
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trendanalysis chartpattern indicator usdcad cad usd short fib 382fibonacciretracement
USDCAD continued to move lower as BOC raised interest rates to 1.00% seeing investors run to the Canadian Dollar.
Technically we are watching for a pullback into the lows and 38.2 fibonacci retracement before looking for a short opportunity.
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