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VladimirRibakov

USDCAD Short Term Sell Idea

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
VladimirRibakov  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Multiple Time Frame Analysis Chart Patterns USDCAD usdcadshort usdcadsell usdcadbearish usdcadprediction usdcadanalysis usdcadforecast usdcadidea
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trendanalysis mtfa chartpattern usdcad usdcadshort usdcadsell usdcadbearish usdcadprediction usdcadanalysis usdcadforecast usdcadidea
D1 - Bearish trend pattern followed by a pullback.

Price reached a strong resistance zone and is bouncing lower.

Bearish divergence.

H1 - Lower lows.

No opposite signs.

Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
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