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Vale_Quantum_FX

USD/CAD to continue Bearish descent M30

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Vale_Quantum_FX Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Fundamental Analysis USDCAD bearishcad usdcadshort
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trendanalysis indicator fundamental usdcad bearishcad usdcadshort
I believe that following its retracement back to 1.26100 (now complete), it looks like bearish continuation will happen however wait for candlestick confirmation perhaps on the H1 chart before placing Shorts.

My target price is a retest of the bottom range 1.25675 - 600

In addition to the Stochastics, and SMAs, i would consider opening a EUR/USD chart to see the negative correlation to assist in your decision

Best of luck.
Comment:
NOTE - I am moving my SL to 1.26290
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