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Layne_LV

USDCAD TA 1/7/19 SHORT to 1.28

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Layne_LV  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Trend Lines USDCAD usdcadshort usdcadforecast usdcadsell usdcaddaily usdcadanalysis usdcadsetup usdcadsignal usdcad4hr
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trendanalysis supportandresistance trendline usdcad usdcadshort usdcadforecast usdcadsell usdcaddaily usdcadanalysis usdcadsetup usdcadsignal usdcad4hr
USD/CAD is breaking through the ascending trend line right now.
This is looking like a great short. Im personally going to wait for a retest of the trend line before entering this trade.
If we retest and the trend line holds as resistance then I believe 1.32 will be met very quickly, I feel long term we could be seeing this pair come all the way down to 1.28

Let me know what you think!

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