USDCAD +389 PIPS POTENTIAL- SIGNAL

Hello traders!

Here are my thoughts on USD/CAD.

📈📉Trends:
⏳ Weekly- Bearish
⌛️ Daily- Bearish

🎯Confluence:
1) Strong bearish trend on the weekly timeframe.
2) Price broke through daily structure and re-tested it.
3) DXY is falling down
4) Price is below 50 MA, MACD shows downtrend


🟣 Purple zone - Weekly key level
🔵 Blue zone - Daily key level

Don’t forget to let me know your opinion on this in the comment section below! 💬 Sharing is caring! 👨‍👩‍👧‍👦

Have a wonderful and profitable day! ❤️

- ProfitalzTrading

Comment:

Weekly outlook

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