TheTradersAvenue

USDCAD > Selling Setup Might Be Coming Soon!!

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OANDA:USDCAD   美元 / 加元
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Follow up on #USDCAD

Hello friends.

Here we have the market has been in a nice downtrend and we have no reason to say it is over, I predict that we can still move to the downside to test the weekly support.

For now, I have no reason just yet to short this pair, but once I get a confirmation, ad good risk to reward setup I will short this pair targeting the lows first then maybe an extension to the downside targeting the weekly support

Safe trading everyone
Check today analysis below⠀


>> The market can stay irrational longer than you can stay solvent.
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-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you

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