USDCAD Price Action Analysis | Protradersnetwork.com

Short

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

OANDA:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis chartpattern waveanalysis usdcadshort forexsignals

USDCAD is in an downtrend, recently break below the resistance zone and now moving below it , i am waiting for price to came above the 0.2472 level and retest it with bearish rejection , then i will be going short. Downward target is 0.2395.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.