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NicTrades
Nov 14, 2016 11:55 AM

USDCAD bearish ABCD & 50% retrace Short

U.S. DOLLAR / CANADIAN DOLLARICE

Description

USDCAD has made a bearish ABCD rally from the May lows into the 50% retrace of the entire decline from January at 1.3575.
I think this is a sell on reversal price action and the target is 1.3020
Comments
RajDhall
Just this morning I was looking at the 50% Fib level
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