IvanLabrie

USDCAD: Fundamental shockwaves and bearish setup

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Analysis on chart.
We've reached the time at mode uptrend targets, but there's still time left in the 16 bar uptrend.
The news events this week are potentially devastating for the USD longs, so I'll be looking to go short asap depending on the price action around said events.
I'll update once I pull the trigger.
Good luck,
Ivan.

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