theforexdaddy

LAST WAVE OF THE RANGE, TIME TO BREAK

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
It is casual for usd/cad to retrance, but I think now its time to break the range and move in one direction. I have strong bearish bias on this pair. I am waiting for a break of the range at 1.35 and a retest to confirm a down move to 1.34 and then probablly 1.332. Moving averages crossed on 4h and daily and we are trading below them.
#tradesafe #theforexdaddy #tfd
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.