USDCAD, Dancer in the Dark

Short

U.S. Dollar / Canadian Dollar (PEPPERSTONE:USDCAD)

Updated

PEPPERSTONE:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis beyondta fundamental usdcad usdcadshort usdcadanalysis usdcadsell usdcadforecast usdcadsetup

As we are in Deep consolidation phase where we have seen no movement in the price from last 1 week, USDCAD shown some move from yesterday so expecting its further move to be a little retracement and then a decline towards its support of 1.3495 or below

Comment:

First phase of the move is done, lets see what's pan out further :)… Every move is planned ahead of time

Comment:

First phase of the move extended too much, but still the target remains the same. expect a downside move only. No room for upside movement.

Trade closed: target reached:

Hello Guys, Hope you are liking the analysis part. please provide some insight what you guys need in terms of improvements.

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