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USD/CAD BEST PLACE TO SELL FROM|SHORT

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Dolar A.S. / Dolar Kanada (FX:USDCAD)  
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FX:USDCAD   Dolar A.S. / Dolar Kanada
Chart Patterns Trend Analysis Wave Analysis USDCAD short SELL trading Bearish Patterns Forex forecast tecnhicalanalysis Contains image
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Hello,Friends!

Bearish trend on USD/CAD, defined by the red colour of the last week candle combined with the fact the pair is overbought based on the BB upper band proximity, makes me expect a bearish rebound from the resistance line above and a retest of the local target below at 1.348.

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Penafian

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