PropSignals

USDCAD Short term Bearish

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
**Monthly Chart**

Monthly Bias is bearish after the price bounced from last month's high creating double tops on lower time frames. Bear in mind that the monthly candle is still active. My nearest target is at 1.36000 Level (Round number) of daily chart. Then at around 1.3400

**Weekly Chart**

Last week's candle closed lower which indicates the high probability movement will continue lower for this week.

**Weekly Chart**

Last week's candle closed lower which indicates the high probability movement will continue lower for this week.

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