EliteFxAcademy

We are looking for USDCAD potential sell

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

Happy trading

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Happy trading,

Elitefxacademy

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