Traderscope

USDCAD: Short opportunity for the next days

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
A coorection is expected on USDCAD according to the chart. We can notice that the pair has tested the downtrend line daily. The price has triggered a bounce on the line and could fall at least until 1.2350 then 1.2300. Invalidation zone is above 1.2500.

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