USDCAD SELL

USDCAD Update - As the US dollar continues to weaken, we can expect US pairs to continue its downwards trend. Here on USDCAD we can see price has been ranging throughout November, with price bouncing between 1.29451 & 1.31366. We believe price will hit 1.27672 before 2021, which means in order for our short entry we will be waiting for price to break current support. A swing trade position would be more effective on this trade rather than a day trade position, just incase price continues to range. 200+ pip target