USDCAD - Downtrend update 05/04/2020

FX:USDCAD   U.S. Dollar / Canadian Dollar
As we can see from my analysis on the USDCAD pair, the trend lines are meeting which could lead to a potential drop to our next S/R zone. Once we have reached this zone i would expect to then rise back to our trend line before making a further drop .
We would have to wait on confirmation from the opening 4 hours from the Market however this is a really good sell set up by the looks of things.
Two targets.
Follow me on instagram for more live analysis @AidenJFX


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out