We are looking for USDCAD potential sell

Usdcad is at the moment in bearsih flow, but first we have to fait proving break at 1.40312 support level. If price will prove maintaince below this support level, we can see strong potential bearish move to 1.38757 support level. (average spot support).

If price will deny for sell and climb up above 1.40000 new resistance level, then buyers has to maintain above and proving their move by momentum strenght.

Possible way is bearish trade idea.

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Elitefxacademy