FxScientist999

USDCAD Break & Possible retest for entry

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Looking at this break and a possible retest for entry in USDCAD. Technicals suggest that if we get a nice retest we could have a nice sell opp to the next zone to the downside. On a fundamental note, the USD may be influenced by the lack of or formulation of a stimulus check plan. Beware of that but there isn't much other relevant USD news today. As far as the CAD there isn't any news.
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.