Potential Short on USDCAD Short

U.S. Dollar/Canadian DollarFXCM

Description

⋅ Feb 15, 2015 9:49 PM

A demand level on the daily chart has been engulfed and there's lots of room below for price to fall indicated by the clear green candles. I'll be looking for confirmation by a further engulf on the lower time frames.

Supply and Demand bigprofit