Seafair-Capital-Management

USDCAD 4H Potential Short

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD has been falling on the 4H chart recently and has been forming bearish momentum. I have taken a short position here and this pair can potentially see a short trend reversal. The 4H RSI hovers above neutral with a value of 54 and the pivot sits near 1.33917
Trade closed: target reached

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.