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GuardianFX

💡 USD/CAD Potential Short opportunity

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
GuardianFX  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Fibonacci Support and Resistance USDCAD usdcadshort usdcadforecast usdcadanalysis usdcadsell
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trendanalysis fibonacci supportandresistance usdcad usdcadshort usdcadforecast usdcadanalysis usdcadsell
Hi traders I hope everyone has starter the trading week off in the green.
Looking at USD/CAD, my analysis is suggesting more weakness on the Dollar side. We have a H&S pattern here that wants to break the neckline. Caution is needed as price can tend to bounce around before an impulsive break. My targets here are 1.25356 for TP1 and 1.25029 for TP2.
Focusing on precious metals trading.
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