orgilryu213

USDCAD short after pullback

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Last week, we saw USDCAD broke its mid-term rising trendline and managed to close below 50MA weekly. This week, I will expect pullback to broke trendline. IF retest happens, I will short USDCAD to 1.20.
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.