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USDCAD: Market Structure & Technical Analysis

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
InfinityFXSociety Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Beyond Technical Analysis USDCAD usdcadshort usdcadanalysis usdcadforecast usdcadsetup usdcadupdate
4
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trendanalysis chartpattern beyondta usdcad usdcadshort usdcadanalysis usdcadforecast usdcadsetup usdcadupdate
Hello traders, just giving an update on the previous analysis of USDCAD given earlier this week. It seems USDCAD is continuing to move in a strong bearish direction. Price retraced to the entry and is dropping as predicted. Keep an eye for a continuation of the bearish trend and the possibility of new lows forming.

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downside targets almost reached. over 100 pips in profit and counting. Secured 80% profit and moved stop loss to break even for a risk free swing trade.

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