8miles

USDCAD Looking to Fall

Short
FOREXCOM:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD just broke its uptrend making new lows. Currently about to make a new low and ultimately aim for 1.3021. We have lots of strong support areas before we get there so it might take some time. Maybe a few pullbacks or maybe a straight drop through. USDJPY and USDCHF just made some significant drops last week after breaking trend so hopefully the USDCAD will follow in its place.
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