AlkalineFX

USDCAD: Further Collapses

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Price needs to collapses even further on this pair to mitigate some of the bullish damage it created whilst gathering more liquidity.

We have now broken away from the support as expected, the next target region is the equal low points.

When this area is purged we can consider buys but until then this is a sellers domain.

Let me know what you think in the comments?

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