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USDCAD: Midterm Projection

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
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FX:USDCAD   U.S. Dollar / Canadian Dollar
Wave Analysis Beyond Technical Analysis Gann Forex trading Technical Analysis USD USDCAD CAD dollar canadiandollar short
45
3
waveanalysis beyondta gann forex trading technicalanalysis usd usdcad cad dollar canadiandollar short
snapshot

USDCAD remains bearish.
You can see that the market one more time has respected a falling resistance of the channel.
Our bias is bearish and our next mid-term target is 1.3 structure support level.

Strong selloff that we saw on Friday will most likely trigger more selling volumes and
after a small pullback, selling pressure will proceed.

*it is not a trading recommendation!
I just share with you my outlook on this pair.

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