SmartTradingFX

USDCAD: Next Area For Potential Short?

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
13
Analysis on chart!

This is a basic setup of reading price action! Price recently broke below closed below and is now heading back up to previous structure putting in a harmonic move and 1.618 Extension! RSI may also go overbought and I would look to see how price reacts at this level to see if we can get an entry signal!

Hit that like button your continued support is very much appreciated!

Ric

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