Bearish setup on USDCAD

ที่อัปเดต:
Hi Traders,

Check this out - USDCAD could start a fresh bearish momentum, after breaking of the bullish trend.

However, with the uncertainty on how heavy FED could bump dollar this is better wait on for a break below the Triangle pattern before looking for a better short trade entry.

That is what i will do, provided that we get a solid breakdown and retest of the "Pennant like descending Triangle".

Watchout
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Beyond Technical AnalysisCADChart PatternsmajorTrend AnalysisUSDUSDCADusdcadshortusdcadshortsetup

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