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FontaineTradez
Aug 23, 2020 5:02 PM

USDCAD SELL Short

U.S. Dollar/Canadian DollarFXCM

Description

SELL

Look for price to break daily support at 1.31646 to next support at 1.29635. Price may retrace from this point because price is sitting at middle BB at 1.31646.

Confirmations:
*Red arrow on weekly time frame
*Red arrow on daily
*Price is well below middle BB
*Price is below cloud
Price is below 50MA

BUY

If price retraces off middle BB on the weekly price will go for a buy to 1.34888
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