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Fxprotrader

USDCAD Watch For A Sell Setup In This Sell Zone

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Fxprotrader  
FX:USDCAD   U.S. Dollar / Canadian Dollar
14
0
USDCAD is clearly in a downtrend and after a sharp impulive move to the down, it seems we have the beggining of a corrective structure. In the chart i have drawn a sell zone where we should keep a closer eye when price enters. Another way to trade this market is to wait for this correction to end with a breakout and then go short

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