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AlkalineFX

USDCAD: Buys Expected

Long
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
AlkalineFX  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Chart Patterns USDCAD usdcadshort usdcadlong usdcadforecast usdcadanalysis usdcadsell usdcadbuy usdcaddaily
14
4
trendanalysis indicator chartpattern usdcad usdcadshort usdcadlong usdcadforecast usdcadanalysis usdcadsell usdcadbuy usdcaddaily
The zone to the left provides a great area of demand to bounce from.

I would like to see some rejection and structure shift on the lower timeframes before we begin to buy into the bearish imbalance on the way down.

What are your thoughts on this setup?

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