CyclicalWaves

USDCAD; Further Weakness Ahead

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
This pair started declining exactly in the time zone we had specified. Now it is hesitating to go further down because of strong support at 1.3. We favor continuation of bearish plunge after this level is taken out by the bears.

Cyclical Waves Group
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.