OANDA:USDCAD   U.S. Dollar / Canadian Dollar
ANALYSIS ON USDCAD

Welcome to my analysis

-
30 Min Chart
-

Interesting Point of interest In the USDCAD pair.

- Price below 200 day EMA on 30min chart.
- watch red and green horizontal ray lines for sell.
- MACD showing bearish divergence on 15min time frame.
- Watch out as we could have one more pullback before going down

Expecting more move to the downside for now.

Stay Tuned
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.