VisionFx

USD/CAD Short (Midterm & LongtermView)

FX:USDCAD   U.S. Dollar/Canadian Dollar
With Oil             prices surging we should see some bearish activity on USD/CAD             ending the week.

Short term wise i believe we will see price come to weekly support @1.3150

Longterm wise we should come down to monthly support which happens to be our fib extention level

Await break of counter trendline and Moving averages to cross before entering.

Trade with care!!!
Trade closed: target reached: TP1 hit
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