USDCAD 4H HEAD AND SHOULDER

Short

U.S. Dollar / Canadian Dollar (FX:USDCAD)

Updated

FX:USDCAD U.S. Dollar / Canadian Dollar

trendanalysis chartpattern indicator usdcad crude dxy dollar cad usd uc cadjpy

USDCAD has made a head and shoulders pattern, now price has returned to the ema 89 and neckline of the h&s, now is a good time to short to trade the next leg down in dxy.

Trade active:

Stop 1.3250

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