USDCAD: Scalp Short Explained 🇺🇸🇨🇦

Short

U.S. Dollar / Canadian Dollar (OANDA:USDCAD)

OANDA:USDCAD U.S. Dollar / Canadian Dollar

Double Top or Bottom Rectangle Parallel Channel USDCAD DJ FXCM Index USD dollar Forex forecast trading signals freesignals

doubletoporbottom rectangle parallelchannel usdcad usdollar usd dollar forex forecast trading signals freesignals

snapshot

USDCAD is trading within a horizontal range on 1H.
Approaching its upper boundary, the price formed a double top and violated its neckline.

I would suggest shorting with a goal being 1.3603 level.

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