Technician
Short

USDCAD: Remains Below Long-term Resistance

FX:USDCAD   U.S. Dollar/Canadian Dollar
500 4 6
Landing at a major level, 50-percent retracement for a long term bearish trend ,10+ years falling trend line. I think USDCAD             might be heading for a downside correction at least for a retest of the recent minor swing low at 1.0910

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DerekGrossmann
2 years ago
Nice mannn.... i'm taking a good profit from USD/CAD :) Thanks a lot
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would it be an imposition to ask for your date and price coordinates on your long term falling trend line? Because the previous two highs i see put my trend line as broken already and retested with the low last week. Your analyses are always very informative i hope you extend your journey well past "100 trades" cheers!
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edit to last post: re test was week before last
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Technician TOP theloneranger
2 years ago
Yes U r right, my scale is a logarthmic not linear
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