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UnknownUnicorn15614419

USDCAD: formation of a downward movement within a trend

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
UnknownUnicorn15614419  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis USDCAD short sellsignals Forex
3
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trendanalysis usdcad short sellsignals forex
Falling in a downtrend since May 2020, the price has regularly touched the resistance line. Then it always collapsed. This happened in November 2020 and also in January. and February 2021. And now - in April. The price falls from the resistance line 1.251 and can be expected to stop only at the support line 1.220.

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