Signal_Centre

USDCAD – Outside day and wedge formation offer a downward bias

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD
USDCAD
USDCAD
USDCAD


Weekly – Bearish Outside Candle with bearish expanding wedge pattern

Daily – Breaks the wedge to the downside. Measured move 1.3115. Outside Day posted yesterday

We look to sell at 1.3400 Stop 1.3440 Target 1.3115

Economic figures could adversely affect the short term technical picture.
Good luck!

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