barzzTradingAcademy

USDCAD MONTHLY WEEKLY AND DAILY ANALYSIS

FX:USDCAD   U.S. Dollar / Canadian Dollar
Dear Traders, This is my Analysis on this Instrument; We have a Massive bearish Distribution on the Monthly Timeframe, Indicating long term bearish scenario, however, price is set for a retracement on the Daily Timeframe, I expect a retest of the 1.30000 Level before a Bearish Continuation.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.