Socratesinc

USDCAD - Sell

Short
Socratesinc Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Oct 8th, 5:28 pm EST we see a possible entry or 2 for a sell on USDCAD on the 4 hour time frame at the 23% level and the 38% levels on the fib retracement layout. Ichimoku cloud also shows us a strong sell on the 4 hour and the 1 hour time frame.
Comment:
Though it did not retrace up to give us a good entry, price did continue to sell is currently at 1.31419 as of Oct 9th @9:24 EST.
Comment:
No retracement entries at all, the dollar continues to be weak against the CAD.
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