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nick2497

USDCAD Short (Weekly Swing Trade)

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
nick2497  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Chart Patterns Technical Indicators Trend Analysis short Bearish Patterns USDCAD SELL swing Weekly Charts support Support and Resistance
3
0
chartpattern indicator trendanalysis short bearish usdcad sell swing weekly support supportandresistance
Targeting 1.20 levels and potentially beyond. Downtrend with temporary bear flag structure.
Strong rejection from resistance/supply, looking to push the price down to support/demand.
$$ also taking a breather in other pairs, so temporary respite/weakness on side of the USD.
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