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FX618Analysis

Loonie Likely to Appreciate temporarily Vs The USD

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
FX618Analysis  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators USDCAD loonie support Support and Resistance short Oil swingtrade
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trendanalysis chartpattern indicator usdcad loonie support supportandresistance short oil swingtrade
On the 4H TF, the support & the trendline supporting the prices breached too. Now the price is likely headed to its next ideal support. The path to target seems to have no resistance present at the moment, so its likely that the price retraces slightly before heading south. Have a look at the main chart for complete information

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