Fmunye

usdcad potential short

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
we can see a double bottom where price is at now however if we look back we can spot that price has been rejected by weekly resistance and resulted in downward move
Broke daily support and liquidity trend line retested before moving a downward move. price stuck in range waiting for a break after retesting previous high.

target new daily support.

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.