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Profound_Ambition

USDCAD 4H

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Profound_Ambition Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Support and Resistance Supply and Demand USDCAD DJ FXCM Index caddollar Supply Zone range descendingtrendline break lowerlow reversal
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trendanalysis supportandresistance supplyanddemand usdcad usdollar caddollar supplyzone range descendingtrendline break lowerlow reversal
Price stuck in a range between weekly resistance 1.25000 & daily support 1.24100. Price failing to break above resistance, price now could be done with its manipulation after making its 3rd touch to its 4 hour descending trendline ready to head down now & create a potentially new lower low. Will be keeping a close eye on this pair for a reversal candle back to the upside or a continuation of price's downtrend..
Comment:
snapshot
Price is now almost ready to break its descending triangle
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