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JoeChampion

USDCAD Potential downsides

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
JoeChampion  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Beyond Technical Analysis Fundamental Analysis USDCAD USD CAD SELL short Bearish Patterns Technical Analysis Contains image
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trendanalysis beyondta fundamental usdcad usd cad sell short bearish technicalanalysis containsimage
Hey Traders, in today's trading session we are monitoring USDCAD for a selling opportunity around 1.385 zone. USDCAD is approaching the daily supply zone of the trend, if the rejection is confirmed i would set 1.34 as a target as it's considered the next major support USDCAD will be facing. Fundamentally the last FOMC shows dovish sentiments of fed which is bearish dollar so fed pivots sounds officially started.
Trade safe, Joe.
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✅TS ❕ USDCAD: bearish takeover✅
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