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USD/CAD LONG AND SHORT SETUP AFTER NEWS

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
Forex48_TradingAcademy  
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Technical Indicators Fundamental Analysis short setup EURUSD NZDCAD Forex signals IDEA priceaction volumeanalysis
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trendanalysis indicator fundamental short setup eurusd nzdcad forex signals idea priceaction volumeanalysis
On USDCAD, we have a neutral - bearish setup today. The price has been bouncing off a support level for hours. At the moment, however, it has not yet confirmed a long entry. Therefore, there are two hypothetical scenarios. The market provides confirmation on M15 and H1 at the level of 1.3170 after the US data, or the price drops below the support level towards 1.3090. Let me know what you think. Greetings and happy trading to everyone from Nicola, CEO of Forex48 Trading Academy.




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