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AvidPips

Short

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
AvidPips Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns
4
0
trendanalysis chartpattern
USDCAD
Looking for a short on the USDCAD. Expecting a spike of 20-30pips to the high, with a follow up of a nice long drop.
Comment:
As we are now approaching the major resistance line of the year I expect a bounce in favor of a short. Though given the direction in the grand scheme of things, we could very well witness a breakout to the high.
snapshot
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