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MONEYMAKER00

Will USDCAD continue the downtrend momentum?

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
MONEYMAKER00  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis
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trendanalysis
Here, we are waiting USDCAD to form the new Lower High in order to short it.
It has a strong downtrend momentum for the past days and as USD showed weakness on DXY (USD index),
we are going to sell USDCAD from the most optimal area, offering us a very good risk to reward (1:5).
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