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UnknownUnicorn772665

USDCAD Short Trade *DAILY PRICE RESISTANCE*

Short
U.S. Dollar / Canadian Dollar (OANDA:USDCAD)  
UnknownUnicorn772665 Updated   
OANDA:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Chart Patterns Wave Analysis USDCAD USD CAD Crude Oil WTI
3
2
trendanalysis chartpattern waveanalysis usdcad usd cad usoil
USDCAD is still finding nice price resistance at this 1.30680 zone.

Multiple rejection candles are forming, the daily trend is still bearish and I think we could see a new bearish leg. I have an initial profit target of 1.29520 in mind.

If this level breaks then new lower lows at 1.29 are possible.
Trade active
Trade closed: stop reached

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