USDCAD SELL Trend

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USDCAD

🐻 The price is in the decline, rebounding from the crucial 1.4320 resistance zone.
Bearish crude oil prices and trade wars with the US are undermining the commodity-linked loonie and acting as a tailwind for the USDCAD pair's decline
The Momentum oscillator crosses the 100-level down, confirms the increasing bearish sentiment.

#TradeIdea

🔽 We consider selling USDCAD;
🎯 Target: 1.4245;
🎯 Target: 1.4172;

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trade active from 1.43000