VladimirRibakov

USDCAD Short Term Sell Idea

Short
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
D1 - After the strong bullish move currently it looks like a correction is happening.

We have the first leg down followed by a pullback, currently it looks like the second leg is developing.

Expecting the price to continue lower further in the short term.

H4 - The price which is moving inside a range has currently reached the middle of it after bouncing from the top.

Basically I expect the price to continue lower further after pullbacks towards the strong support zone.

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