BambooGrowth

USDCAD - Weekly forecast

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
UsdCad formed a Triangle pattern, and we took a sell entry last week after the two bearish pin bars formed on the daily graph (retest of pattern). UsdCad closed below the near term support of 1.3000 level and formed a bearish pin bar candle on the weekly charts (not shown here).

We will remain bearish on UsdCad to target prices lower
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