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UnknownUnicorn180388

USD.CAD - Approaching 1.3700 Key Resistance

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
UnknownUnicorn180388 Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators hallandcotrading tomhall tomhallforex USDCAD
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trendanalysis chartpattern indicator hallandcotrading tomhall tomhallforex usdcad
Currency Pair: USD.CAD
Time Frame: Weekly, Daily, 4hr & 15min
Predicted Direction: Short

USD.CAD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Comment:
Daily bearish engulfing candle forming ( not yet confirmed ) in addition to the 4hr 50EMA breakout.
Additional downside is required prior to providing a trade opportunity.
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