Dolar A.S. / Dolar Kanada
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USDCAD short daily Update - Scalper, Swing Trader, Zone to Zone?

140
Hello Traders !

Quick update from me for USDCAD. In the last post I made a weekly analysis for USDCAD in order to determine the direction of the pair. My view is that USDCAD will drop a lot.

Now it is your decision how to trade this drop. Are you a Swing Trader, Scalper, Zone to Zone, ...
I marked for you a daily Demand Area from where price could make correction. If you are a Swing Trader then this will not be a big deal for you. If you are a Scalper or you plan to hold your position only for a couple of days then this Zone should be definitely your Take Profit Area. Also watch out what the market will give you. Market will always form new Supply and Demand Zones. Make sure to keep that in mind.

That was my Idea and I hope you did like it. Please leave a LIKE if you like my Content that I share with you. In the comment section you can tell my your view and ask questions.

Thank you and we will see next time
- Darius.

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